MCI Capital SA is a private equity fund listed on the Warsaw Stock Exchange[2] (WSE: MCI) established in 1999 by Tomasz Czechowicz with assets under management (AUM) of 2.74 billion PLN (ca. 652 m Euro) as of September 19, 2024.[3] According to Wall Street Journal MCI is one of Poland’s leading private equity companies.[4]
The strategy of MCI is focused on investments in digital economy and climatech, in the expansion and buyout area. MCI operates across Europe, with a particular emphasis on Central Europe.[5] Historically, MCI Group has also managed funds dedicated to investments in private debt, growth equity, and venture capital.
The total value of gross assets under the management of MCI – increased by available financing for investment activities (financial commitments) – as at September 19, 2024 was approximately PLN 2.74 billion. Throughout its history, MCI has made a total of 111 investments and over 90 divestments. Since the start of its operations on January 1, 1999, MCI has delivered an 17 percent average annual increase in NAV per share and an internal rate of return of 28,2 percent on its growth and private equity portfolio.[6][7]
MCI Capital ASI SA is a member of the Polish Association of Capital Investors.[8]
Key people at the company include: Tomasz Czechowicz, founder and managing partner; Zbigniew Jagiełło, head of the supervisory board (previously the longstanding president of PKO Bank Polski); Paweł Borys, managing partner; Ewa Ogryczak, senior partner and chief operating officer.
MCI Capital focuses on investments in companies operating in the following segments:
Investments are typically pursued through recapitalizations from venture capital and private equity funds, carveouts from strategic investors, public-to-private transactions, and founder-owner transitions.
MCI currently holds shares in 11 portfolio companies and, in line with its investment strategy, the preferred size of investments is EUR 25-100M in a single project. MCI intends to carry out 2-3 investments per year, including the area of green transformation/climatech.[5]
