The Chief Executive Officer of Georgian Co-Investment Fund visited Caucasus University

Mr. Bachiashvili held a meeting with the President of Caucasus University, Mr. Kakha Shengelia and the undergraduate and graduate students of CU. During the meeting Mr. Bachiashvili gave an overview the Private Equity Industry, introduced the Georgian Co-Investment Fund to the audience and talked about the job opportunities available within the company. George himself is a CU BBA program graduate.

Mr. George Bachiashvili said: “While recruiting the Fund’s management team, we have attracted some of the most experienced professionals with exceptional educational background among whom there are several Caucasus University alumni. We hope to recruit talented young people from CU in the future too.” 

About George Bachiashvili

 Prior to joining the Georgian Co-Investment Fund as a CEO, Mr. Bachiashvili served as a deputy CEO at the Partnership Fund and was in charge of the transformation process of the Fund into the Sovereign Wealth Fund of Georgia. Before that, Mr. Bachiashvili held the position of Chief Financial Officer at Unicor Management Company where he was responsible for financial planning, the management and monitoring of holding companies on a group level, and the sell side M&A of companies under management of the group. Of note, he led the sale of six companies in four sectors of the Russian economy (banking, agriculture, real estate and pharmaceutical retail) with a total value in excess of USD 1.5bn. In addition, Mr. Bachiashvili has accumulated a broad range of experience in the management and financial sectors. In particular, in his career to date, he has held various positions at Booz & Company, Abu Dhabi Group Georgia and Bank of Georgia. Mr. Bachiashvili holds a BBA degree in Finance from Caucasus University, and an MBA degree from INSEAD. In 2014, George Bachiashvili was included in FORBES annual “30 Under 30” listing in the field of Finance along with the entrepreneurial, creative and intellectual best of his generation. 

About Georgian Co-Investment Fund

 The Georgian Co-Investment Fund (“GCF”) is a USD$6bn private investment fund, with the mandate to provide investors with unique access through a private equity structure to opportunities in the region’s fastest growing industries and sectors.

The Fund commenced its operations on 30 September 2013 and is aiming to deploy the full USD$6bn of capital over the next five years, in partnership with leading foreign investors and private equity firms.

The Georgian Co-Investment Fund is region’s one of the largest private equity firms which has received direct backing from prominent members of the international and domestic investment communities, including sovereign wealth funds, major global corporations and private family offices from the following countries: United Arab Emirates, Azerbaijan, Turkey, China and Kazakhstan. The GCF’s investor base comprises of: Abu Dhabi Group, RAK Investment Authority, Calik Holdings A.S, Milestone International Holdings Group Limited, State Oil Fund of the Republic of Azerbaijan, Batumi Industrial Holdings Limited, Mr. Bidzina Ivanishvili, Mr. Alexander Mashkevich, Estate of Mr. Badri Patarkatsishvili and other investors.

The Fund is considering investment opportunities across the sectors and industries, which contribute significantly to the growth and development of Georgian economy: energy and infrastructure (up to USD$3bn); hospitality and real estate (up to USD$1bn); manufacturing (USD$1.5bn); agriculture and logistics (up to USD$0.5bn); and other (USD$0.5bn).

For more information about GCF, please visit: www.gcfund.ge