Innova Capital has taken a majority stake in Proservice Finteco and acquired 50% of Investment Funds Depositary Services (IFDS), strengthening its presence in Poland’s fast-growing investment fund administration sector. 

This acquisition aligns with Innova Capital’s strategy of backing high-growth businesses in key economic sectors across Central and Eastern Europe.

Proservice Finteco, previously owned by Oaktree Capital Management and Cornerstone Investment Management, provides technology-driven fund administration solutions to investment and pension funds, insurers, and banks. Innova Capital aims to enhance the company’s services, strengthen client relationships, and introduce innovative solutions to boost operational efficiency.

Krzysztof Kulig, Senior Partner at Innova Capital, will speak at CEE’s Largest Private Equity Conference in Warsaw on May 29, 2025, where he will share insights into Innova Capital’s investment strategy and the evolving private equity landscape in Central and Eastern Europe.

IFDS specialises in depositary services and facilitates OTC transactions for investment funds. With Poland’s investment fund administration market expanding, Innova Capital plans to support the company’s growth by broadening its service portfolio and pursuing geographic expansion.

“Innova Capital’s investment will drive further innovation and efficiency,” said Kulig. “Both companies have strong foundations and align with our strategy to support dynamic businesses. We will enhance their operational efficiency and reinforce their market-leading positions.”

Managing Director Katarzyna Marchlewska-Sieczek added, “Poland’s investment fund market is growing rapidly, and both companies play a crucial role in its development. We look forward to supporting their expansion and integrating cutting-edge solutions to strengthen their competitiveness.”

Oaktree Capital and Cornerstone Investment Management expressed confidence in Proservice Finteco’s future under Innova Capital’s leadership, highlighting the firm’s strong position in the market.

The transaction is subject to regulatory approvals from Poland’s competition and financial supervision authorities.