News

2022

September

The firm has completed the closing phase of the divestment of the largest hospitality group in Slovenia, signed in January.

ECM welcomes new hire, Mr. Michalis Papaiacovou, who joined us as Portfolio Manager. He has over 10 years of experience in investments. Prior to joining ECM, Michalis worked in infrastructure private equity in London, covering the energy, infrastructure and utilities sectors in Europe. Michalis holds an MSc in Finance and Economics from the London School of Economics. He is also an ACA and CFA charterholder.

July

ECM has successfully closed an Advisory Transaction of an asset-backed financing of an innovative property development in Ljubljana. We are particularly pleased to have teamed up with a new, renowned international capital provider for this transaction.

May

The fund Elements Credit Opportunities I successfully exited its transaction from the engineering and consulting company in Slovenia.

April

The fund Elements Credit Opportunities I has successfully exited the transaction of the Do-It-Yourself player in Slovenia. The transaction was completed in part as an Advisory transaction.

March

ECM welcomes two new hires: Mr. Franci Tusek and Mr. Ziga Borisek. Mr. Franci Tusek joined as Managing director - Portfolio Acquisitions. He has over 15 years of experience in the financial industry. His previous experiences include leading some of the largest Slovenian M&A cases, NPL and RE portfolio disposals, and restructuring cases. Working in Bank of Slovenia and being heavily involved in the restructuring of the Slovenian banking sector, Franci also has extensive experience in risk management. Franci completed the BSc. in Financial Economics from the Faculty of Economics, University of Ljubljana, and the MSc. in Financial Management from Faculty of Management Koper. Additionally, he holds the FRM certification. Mr. Ziga Borisek joined us as an Analyst. Previously, he worked as Risk Management Specialist in the banking sector and he spent four years with PwC Slovenia in Financial Advisory, working in corporate finance advisory, namely M&A advisory in sell-side mandates, and due diligence and indicative valuations of companies predominantly operating in the SEE and CEE regions. Ziga completed the BSc. in Bank & Financial Management and International Master in Business and Organization both at Faculty of Economics, University of Ljubljana.

February

The firm became a Signatory of the United Nations Principles for Responsible Investment.

January

The firm has successfully advised on divestment of the holding in largest hospitality group in Slovenia.

Elements Credit Opportunities II successfully closed its fifth transaction purchasing claims towards a Croatian company. The claims are collateralised by development land in the Zadar region of Croatia. Elements Credit Opportunities II is now fully invested within 12 months since inception.

2021

December

The Firm announces the opening of the Greece office.

The Firm has successfully exited an Advisory transaction, a mezzanine financing of an ultra-premium residential project in Ljubljana, Slovenia. The firm has also successfully signed the closing of the Do-It-Yourself player transaction.

October

ECM welcomes new hire, Mr. Anze Ahlin, who joined us as a Junior Analyst. Before joining, Anze worked as a Financial Analyst in BV Finance Group, where he was focused on valuation models for Small and Medium Enterprises as well as on calculations of NPV.

September

The fund Elements Credit Opportunities II has successfully closed its fourth transaction, an acquisition of a Greek mezzanine asset-backed bond. The portfolio is secured by residential and commercial real estate.

ECM welcomes new hire, Ms. Jasna Mesic, who joined us as a Legal Advisor. Previously she spent 8 years with the Bank Asset Management Company, where she was working as a lawyer managing and selling receivables and equity investments. Before that, she also worked at the Carmen Dobnik & Attorneys Law Office, Sparkasse bank d.d. and at the Law office Filipov Ltd. – Schönherr.

ECM distributed the funds to the investors of the Elements Credit Opportunites I fund for the second time.

August

The funds S.E.E. Turnaround and S.E.E. Turnaround II have successfully closed their first transaction, an acquisition of a leading regional provider of Finished Dosage Forms (FDF) in generic manufacturing the pharmaceutical & health, and beauty industries with over 120 customers and 1800 employees in Greece. The transaction was also completed in part as an Advisory transaction.

ECM welcomes the first investors into Private Equity funds S.E.E. Turnaround and S.E.E. Turnaround II.

ECM has successfully exited its Elements Credit Opportunities I and Advisory transaction from a leading regional provider of Finished Dosage Forms (FDF) in generic manufacturing the pharmaceutical & health and beauty industries with over 120 customers and 1800 employees in Greece.

May

The fund Elements Credit Opportunities II has successfully closed its second transaction, an acquisition of claims towards Food&Beverages and Agriculture company in Croatia. The Group has over 50,000 employees and operates in three core activities: agriculture, retail, and food, as well as non-core operations.

January

The fund Elements Credit Opportunities II has successfully closed its first transaction, a purchase of claims towards tourism-focused apartments in Croatia. The 100 plus apartments are located in the Zadar region, one of the most exclusive and popular tourist destinations in Dalmatia.

ECM has successfully closed an Advisory transaction, acquisition of a land plot with semi-completed tourist villas in Cyprus. The villas are located in a prime location in the most western part of the island which is renowned for its sandy beaches and unspoiled nature.

ECM distributed the funds to the investors of the fund Elements Credit Opportunites I for the first time. The fund held its first closing in October 2017, and it is invested in the Firm´s flagship strategy, Credit Opportunities.

2020

December

ECM welcomes the first investors into the fund Elements Credit Opportunities II (ECO II), a 2nd generation fund of Firm´s flagship strategy Credit Opportunities. Like its predecessor, the fund will be investing in companies, which have a sound underlying business but are temporarily in a dislocated situation.

November

ECM welcomes new hire, Ms. Vesna Zajc Wagh, who has joined us as Head of Investor Relations. Before joining ECM, Vesna was an investment analyst at YIELCO Investments AG, a German Fund of Funds Manager for Alternative Investments. Between 2008 and 2015, Vesna worked as a financial analyst for the Slovenian partner of Dun & Bradstreet.

August

The fund Elements Credit Opportunities I has successfully exited its transaction from a Machinery and Fabricated Metals producer in Slovenia.

June

Elements Capital Management, Inc. is renamed to ECM Partners, Inc.

May

The Firm welcomes new hire, Ms. Lea Urbancic, who joined us as a Senior Analyst. Prior to joining the Firm, Lea worked in Deloitte and PwC, where her work focused primarily on corporate finance advisory, including restructurings, M&A Advisory, business modelling and M&A tax structuring.

March

The Firm has opened an office in Croatia. Mr. Nader Bawany, who has over 10 years of experience in the financial industry, heads up the newly founded Croatian office.

The fund Elements Credit Opportunities I has successfully closed its sixth transaction, an acquisition of a leading regional provider of Finished Dosage Forms (FDF) in the pharmaceutical & health and beauty industries with over 120 customers and 1800 employees, serving 80 worldwide markets. The transaction was also completed in part as an Advisory transaction.

2019

December

The Firm has successfully closed an Advisory transaction, a mezzanine financing of an ultra-premium residential project in Ljubljana, Slovenia.

The fund Elements Credit Opportunities I has successfully closed its fifth transaction, an acquisition of claims and equity of a MedTech company in Slovenia. The company has developed a system for targeted cell separation which produces results in a relatively short time compared to market.

October

The Firm has successfully closed an Advisory transaction, an acquisition of a hotel in Cyprus. The hotel with a long history is located in a prime beachfront location in Limassol, Cyprus.

August

The fund Elements Credit Opportunities I has successfully closed its fourth transaction, an acquisition of claims towards an engineering and consulting company in Slovenia. The project envisages the construction of residential villas in North Slovenia.

April

The Firm has successfully exited an Advisory transaction from a Tourism & Gas Holding company.

March

The Firm has successfully closed an Advisory transaction, the acquisition of a Data Center in Bulgaria. Founded in 2008, the company today is operating one of the two tier 3 data centers in Bulgaria.

January

The Firm welcomes new hire, Mr. Bor Vosnjak, who joined us as a Head of Asset Management. Bor has over 10 years experience in the financial services industry, having previously worked as risk manager at Abanka and as deputy head of restructuring at Bank Asset Management Company.

2018

December

The Firm has successfully closed an Advisory transaction, an acquisition of Real Estate Holding in Croatia. Formerly a state-owned retail bakery chain, the company today owns 16 assets, most of them in prime locations in Istria, Croatia.

July

The Firm has successfully closed an Advisory transaction, an acquisition from the bankruptcy of a Retail Consumer Electronics / Household Appliances company in Slovenia. The company today operates a network of numerous offline stores and a webshop and is the largest provider of audio-visual products and computing in the Slovenian market.

May

The Firm has successfully closed an Advisory transaction, an acquisition of assets from a bankruptcy of a Telco/Fiber Optics operator in Serbia. The company manages the shortest fiber optics pathway between Frankfurt and Istanbul, Budapest and Athens, Vienna and Skopje, Zagreb, and Sofia, and is linking key infrastructure centers in Serbia.

March

The fund Elements Credit Opportunities I has successfully closed its third transaction, an acquisition of a Do-It-Yourself player. The company, founded over 100 years ago, operates today out of numerous shopping centers. The transaction was also completed in part as an SPV vehicle.

January

The Firm welcomes new hire, Mr. Nader Bawany who has joined us as Portfolio Manager. Nader started his career at Bank of America Merrill Lynch in credit derivates. After 2009, alongside founding a global executive search firm in London, he was heavily involved in Traydstream, a revolutionary start-up FinTech organization that is focused on digitization and automation of the trade finance industry.

2017

December

The fund Elements Credit Opportunities I successfully closed its second transaction, acquisition of debt exposure towards a Machinery and Fabricated Metals producer in Slovenia. The company is a producer of industrial rolls for various areas of industry and is generating revenues in 20 worldwide markets.

The fund Elements Credit Opportunities I successfully closed its first transaction, an acquisition of claims towards a bankrupt Slovenian company with a performing real estate portfolio.

The Firm welcomes the first investors into the fund Elements Credit Opportunities I (ECO I). The fund invests in companies which have a sound underlying business but are temporarily in a dislocated situation.

November

The Firm has successfully closed an Advisory transaction, an acquisition of a Do-It-Yourself player. The company, founded over 100 years ago, operates today out of numerous shopping centers.

October

The Firm welcomes new hire, Mr. Robert Močnik who joined us as Head of Research and Analytics. Prior to joining the Firm he has previously worked at SKB Bank, a member of the Société Générale Group, and was a Director at KPMG, leading their business advisory and restructuring team.

August

ALPEN Invest is renamed to Elements Capital Management, Inc.

April

The Firm welcomes new hire, Ms. Eva Laba who has joined us as Executive Secretary. Prior to joining the Firm, she worked in administrative support to the management and employees in TSC Laba for 6 years.

January

The Firm welcomes new hire, Mr. Grega Mulej, who supports us in Real Estate projects. Grega has over 16 years of experience in the real estate industry. In the past, he has participated in many real estate projects as a project manager and investor. He also served as a bank consultant for the optimization and evaluation of real estate projects in Slovenia and CEE.

2016

April

The Firm has successfully closed its Advisory transaction, acquisition of claims towards a Tourism, Media, and Publishing Holding. Founded almost 100 years ago, the holding today engages also in the hospitality sector.

2015

October

The Firm has successfully closed its Advisory transaction, acquisition of claims towards Tourism and Bank Holding. The holding today is one of the largest tourism groups in Slovenia.

July

The Firm welcomes new hire, Mr. Andrej Prah, CLO. Prior to joining the Firm, he served as a Deputy Director of the Security Market Agency for seven years. Before that, he worked as an associate attorney in a law firm, as a clerk on the appellate court, and as an editor on the Official Gazette of the Republic of Slovenia.

June

The Firm successfully closed its Advisory transaction, acquisition of claims towards Tourism & Gas Holding. The companies in the holding today are operating in the Gas, Food & Beverage, Tourism, and Telecommunications sectors.