GRDC N.V

In 2004 Argo St George's founders advised the entrepreneurs behind the Georgian Reconstruction and Development Company (GRDC N.V), a start-up venture that became one of the largest land owners in the Republic of Georgia. Argo St George advised on GRDC's structuring, fund raising, ongoing management and support. From a first round fund raising of $10 million from private investors, Argo St George went on to raise a further $15 million of equity, before managing an institutional round that committed $105 million in 2007. One of Argo St George's partners sits on the board of the largest shareholder of GRDC, for whom, in July 2011, Argo St George successfully managed the funding of a senior loan facility of $1.4 million.