About us

Who we are

30

years of investment experience

731

million euro assets under management

13

years of performance

60

specialists

We generate long-term value

We generate long-term value

Our mission is to generate long-term value for investors, for the company and for society, in general.

We are a dynamic and innovative investment fund with a solid organizational culture. With 30 years of experience on the capital market, we capitalize on ideas and resources to develop the company and meet investors’ expectations.

Over the last 10 years we have consistently and systematically invested in opportunities and people. Through applying a robust strategy and a diverse array of tactics, we have constantly created performance.

Our financial results prove the strength of our business model.

Return capital to shareholders on a consistent and predictable basis

Boost the company’s evolution for the shareholders’ benefit

Generate organic growth

We have continued to grow with a compound average rate of return of 9,23%, 1,77% higher than the average of all funds in Romania and have evolved in many directions, including in fields that were not on the radar of many institutional investors in the last decade.

We manage diversified high-performance portfolios and have highly-experienced staff in various fields of activity. The EVER price has performed over the reference index of BET local capital market and has had a sharper increase over the last four years, over BET-Fi sectorial index, and clearly stood out in comparison to BET-TR, EVER.

What defines us?

The principles that are central to our existence are innovation, responsibility and performance, principles that have also become our competitive advantages.

We have the right mix of resources – people, capital, investment and risk processes – that has generated repetitive positive results and pure alpha. We have experts in fundamental and technical analysis specialized on types of investments and portfolios whom we provide with the proper framework to express themselves, encouraging innovation in the investment process. We have well-defined processes and approaches from multiple perspectives of investment projects. In this context, risk management is an important aspect of the investment process since it protects both our capital and our reputation.

Investment Strategy

Strategy

The strategy of the past 10 years reflects both the Company’s power and the benefits offered to investors, essential aspects that placed us at the top of high-performance investment funds in Romania.

The purpose of the investment strategy is to bring consistency through portfolio performance and consistency through performance duration. On this basis we have designed a robust, well-articulated strategy that is reflected in the performance on the level of all managed assets. We have focused on this granular approach for our portfolios, starting from the three strategic pillars:

Consolidation and increase of the listed portfolio, the main income generator.
Increase of private-equity investments, our main differentiator.
Historic portfolio capitalization through sale.

1.024,3

Financial-banking

450,3

Energy-industrial

338,7

Private equity

621,4

Other assets

10,4

Sell

*values represent mil. RON

Managed Assets

We have continued to innovate, turned opportunities into profit and doubled the assets under management assets to 3.64 billion RON as of 31 July 2024.

1,17

2010

2,36

2019

3,64

July 2024

*values represent billion RON

Dividends

A high priority of ours has been the satisfaction of shareholders’ expectations, granting dividends of over 150 million euro, with a value increase for shareholders of 13,2% per year – dividends granted plus asset growth. The implementation of the strategy on portfolios, dividend policy combined with redemption programs have led to the highest capitalization - 1,38 billion RON to day – of all financial investment companies.

0,09

2022

0,065

2021

0,043

2020

0,06

0,0304

0,05

0,044

0,045

0,1012

0,066

0,24

0,22

0,09

*net dividend value/year

Risk Management

Our risk management policy is carefully supervised as a key factor of our growth plan. We remain very focused on risk management and monitor it in terms of market, liquidity, issuer exposure, credit and counterparty risk, and, of course, operational risk.

Our objective is the prudent management of risks so as to prevent the negative impact that internal or external factors may have on the Company’s activity, jeopardizing the fulfillment of set goals. Thus, we minimize the occurrence of unplanned or uncontrolled losses or the occurrence of other negative effects.

In determining risk appetite and tolerance, we take into account all relevant risks that we are exposed to given the nature of our activity, the predominant influence being that of market risk. The overall risk profile taken on is medium, corresponding to a medium risk appetite.

Evergent Group

EVERGENT Investments Group is comprised of EVERGENT Investments and its 8 subsidiaries. Subsidiaries represent 7.88% of Evergent Investments’ total assets.

The companies in the Group are structured on:

Companies with activities in the agribusiness field, Private equity Portfolio: Agrointens SA București, EVER Agribio SA Bacău and Mecanica Ceahlău SA Piatra Neamț
Companies with activities in the field of real-estate, Private Equity portfolio: Everland SA Bacău, EVER IMO SA București and Regal SA Galați
Companies with own activities and Evergent Investments support activities: CASA SA Bacău

Leadership

We’ve been investing since 1992. We are a team of investment experts, with extensive experience both on the Romanian capital market and in the entrepreneurial environment. We all share the same commitment to our investment strategy and approaches that have stood the test of time. These have generated performance and created value for investors, for the company and had a positive impact on our community.

Board

Claudiu Doroș

President of the Board of Directors

Claudiu Doroș

Claudiu Doroș is the President of the Board since April 2021 and has been the CEO of the Company since 2017; between 2009 and 2017 he was vice-president and deputy CEO. He joined the Company in 2006 as member of the Board of Directors. Claudiu Doroş, born in 1970, has over 25 years of experience on the capital market, as CEO of Gelsor since 1996, coordinating over 40 agencies and over 200 employees. He has relevant experience as director of companies such as Aerostar SA, Depozitarul Sibex SA, Țesătoriile Reunite SA and Mecanica Ceahlău SA.

He holds a bachelor's degree from the Faculty of Commerce and Marketing within the University of Bacău, degree granted in 1995. He has a master's degree in Business management and has graduated from the School for Advanced Postgraduate Studies of “Gheorghe Asachi” University of Iași in 2005.

Cătălin Iancu

Vicepresident of the Board of Directors

Cătălin Iancu

Cătălin Iancu is the Vicepresident of the Board since April 2021 and has been the Deputy CEO of the Company since 2017; between 2015 and 2017 he was executive director in the Management Committee. He joined the company in 2013 as president of the Investment Policies and Strategies within the Board of Directors. Cătălin Iancu, born in 1976, has over 25 years of experience on the financial and capital market field as manager of the Capital Market Department of OTP Bank and then CEO of OTP Asset Management România SAI.

He is a graduate of the Faculty of Economic Studies in Foreign Languages within the Bucharest Academy of Economic Studies, his bachelor's diploma being granted in 1998. Between 2001 and 2003 he studied at Rotterdam School of Management and received his MBA – Erasmus Graduate School of Business certificate. In 2011 he graduated the Stanford Executive Program at Stanford University and received his “Stanford Graduate School of Business” graduation certificate

Horia Ciorcilă

President of the Investments Committee

Horia Ciorcilă

Horia Ciorcilă is the President of the Investments Committee since April 2021 and was the President of the Appointing - Remuneration Committee and member of the Audit Committee. He joined the Company in 2013 as director, member of the Appointing Committee and president of the Investment Strategies and Policies Committee. Horia Ciorcilă, born in 1963, has over 30 years of experience in the financial field, being the founder and president of Banca Transilvania, the largest Bank in Romania.

He has a bachelor's degree from the Faculty of Automation and Computers within Cluj Polytechnic Institute.

Octavian Radu

President of the Audit Committee

Octavian Radu

Octavian Radu is the President of the Audit Committee since April 2021 and was the Vicepresident of the Board of Directors, president of the Audit Committee and member of the Appointing-Remuneration Committee. He joined the company in 2013 as director, president of the Appointing Committee and member of the Investment Policies and Strategies Committee. Octavian Radu, born in 1961, has over 30 years of experience in entrepreneurship; he is the founder of RTC Holding Companies Group, Diverta, Inform Lykos, TCE Logistic, TVR Media, Antalis, Sistec, Ranco.

He is a straight A bachelor graduate of the Faculty of Commerce within the Academy of Economic studies of Bucharest, with diploma granted in 1986. He graduated FernUniversitat – Betriebswirtschaftlehre in Hagen, Germany.

Costel Ceocea

President of the Appointing-Remuneration Committee

Costel Ceocea

Costel Ceocea is the President of the Appointing-Remuneration Committee since April 2021 and was the President of the Board of Directors since 2005. Between 2005 and 2017 he was the Company’s CEO, between 2005 and 2009 he was the vice-president, Deputy CEO and member of the Management Committee of the Board of Directors. Between 2001 and 2005 he was executive manager of the Management Committee of the Board of Directors. He joined the company in 1994. Born in 1956, he has more than 30 years of experience on the capital market, 11 years in the financial-banking field as member of the Board of Directors of Banca Transilvania. He has 11 years of experience in the academic field as Assistant Professor at Vasile Alecsandri University of Bacău, Faculty of Economic Sciences.

He studied at “Alexandru Ioan Cuza” University of Iași, Faculty of Economic Sciences and has a bachelor’s degree in the Economy of Industry, Constructions and Transportation. He has a master’s degree in Business Management and Administration and received his degree in 2004 from the School for Advanced Postgraduate Studies of “Gh. Asachi” University of Iași. Since 2009 he is a doctor in the field of Industrial engineering with doctorate thesis “Risk in Management Activity”, diploma granted by “Gheorghe Asachi” Technical University Iași.

The Team

Georgiana Dolgoș

Director

Georgiana Dolgoș

Director

Aurelian Trifa

Private Equity Portfolio Manager

Aurelian Trifa

Rocsana Giurgiu

Energy-Industry Portfolio Manager

Rocsana Giurgiu

Adriana Vișan

Banking & Financial Portfolio Manager

Adriana Vișan

Dan Apostică

Sell Portfolio Manager

Dan Apostică

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