Industry II

RSJ Industry II is a diversified fund-of-funds focused on investments in private equity funds operating in Central and Eastern Europe (CEE), with its portfolio further complemented by selected co-investments executed alongside regional funds.

Investment Philosophy

Within the EU, the CEE region remains underinvested from a private equity perspective, with companies still available at attractive valuation levels. Many businesses are facing succession challenges or have reached a stage where further expansion is limited. These situations offer strong potential for value creation.

  • Actively managed funds investing in PE funds primarily in CEE.
  • Co-investments in selected investment opportunities alongside invested PE funds as well as other regional funds.
  • Portfolio diversification driven by a higher number of investments executed through multiple funds.
  • Enhanced return potential through co-investments.

Investment Criteria

  • Funds with a strong and experienced management with provable results.

  • Focusing on investment opportunities with high potential after the delivery of additional capital.

  • A long-term investment horizon of 10 years.


  • The possibility of co-investment.

  • A focus on Central and Eastern Europe.

RSJ Industry II is a closed-end mutual fund managed by the investment company RSJ Investments investment company a.s.

Fund investments

Genesis Capital

Location Prague, Czech Republic
Investment Date 2021
Status Active
Website

Genesis Capital focuses on investments in small and medium-sized enterprises, primarily in the Czech Republic, Slovakia, Poland, Hungary, and Austria.

Genesis

CEIP

Location Prague, Czech Republic
Investment Date 2022
Status Active
Website

Central Europe Industry Partners invests in manufacturing and industrial-oriented companies in Central Europe and actively partners with them to drive long-term growth.

CEIP

Accession Capital Partners (ACP)

Location Vienna, Austria; Warsaw, Poland
Investment Date 2023
Status Active
Website

ACP invests in companies through minority stakes combined with mezzanine financing in the markets of Central and Eastern Europe.

ACP

Innova Capital

Location Warsaw, Poland
Investment Date 2023
Status Active
Website

Innova Capital is a private equity investor targeting mid-sized companies across the Central and Eastern Europe (CEE) region.

Innova Capital

Omikron Capital

Location Warsaw, Poland
Investment Date 2022
Status Active
Website

Omikron Capital invests in small and medium-sized enterprises in Poland at an early stage of expansion, typically acting as their first institutional investor.

Omikron Capital

Oriens

Location Prague, Czech Republic,, Budapest, Hungary
Investment Date 2022
Status Active
Website

Oriens is a private equity fund focused on investing in mid-sized companies in the Czech Republic, Hungary, and Slovakia. The fund acquires majority stakes and actively supports their growth.

 

Oriens

Co-investments

Nay-Datart

Investment Date 2025
Status Active
Website

The merger of the Nay and Datart groups created the largest omnichannel electronics retailer in Central and Eastern Europe, operating a total of 270 stores. The co-investment was completed alongside the Genesis Capital Equity fund.

Related Projects