As from 1 June 2016, 100% of shares in ProService AT has been held by Funds managed by Oaktree Capital Management L.P and Cornerstone Partners

As from 1 June 2016, 100% of shares in ProService AT has been held by Funds managed by Oaktree Capital Management L.P and Cornerstone Partners

On 1 June 2016 a purchase transaction of 100% shares in ProService AT by Funds managed by Oaktree Capital Management L.P and Cornerstone Partners was completed. The Company’s new strategy assumes both its organic growth and through acquisitions in Poland and the selected countries of Western Europe. Focus on services provided to investment or pension funds shall be accompanied by development of an offer for insurance funds. The transaction marks a first step in the development of an outsourcing platform dedicated to the banking sector, the insurance industry, and management firms managing assets in Central and Eastern Europe and in the selected countries of Western Europe.