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Ivana Bozjak

Partner, Head of Real Estate

Angel InvestorsSeed Round
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At a glance

Full Name
Ivana Bozjak
Title
Partner, Head of Real Estate
Firm
Global Finance S.A.
Firm Type
Independent private equity / venture capital investment firm (private equity fund management, real estate development, and advisory) — *not an angel/individual investor, despite some aggregator listings*
Investment Stage
Expansion / growth capital and Management Buy-Out / Buy-In (MBO/MBI) — real estate development
Check Size
Roughly €1 million to €40 million per investment (firm-wide range)
Target Company Profile
Dynamic, market-leading companies with regional development plans (organic growth and buy-and-build); real estate development projects
Sector Focus
Real estate (her domain); firm-wide: manufacturing/industrials, IT, specialty retail, media, telecom, services, healthcare
Geographic Focus
South-Eastern Europe — primarily Bulgaria, Romania, Serbia, and Greece
Location
Athens, Greece

Background

Ivana Bozjak is a Partner and Head of Real Estate at Global Finance S.A., an Athens-based independent investment firm founded in 1991 that pioneered private equity and venture capital in South-Eastern Europe. She joined Global Finance in 2001 and, since 2004, has spearheaded the firm's real estate activities, concentrating on investment opportunities in South-Eastern Europe — mainly Bulgaria and Romania and her native Serbia. As a native Serbian speaker who is also conversant in Bulgarian, she is well positioned to source and execute deals across the Balkan markets the firm targets.

Before Global Finance, Bozjak built an international finance career. Prior to joining the firm she worked in Israel for a venture capital fund (reported as Concord Ventures), and earlier she worked for a multi-billion-dollar hedge fund in the United States (reported as Deephaven Capital Management). This mix of hedge-fund, venture, and private-equity experience underpins her skill set in valuation, private equity, due diligence, venture capital, and corporate finance.

She holds a Bachelor's degree in Economics from the University of Munich and a Master of Public and Private Management (MPPM) from the Yale School of Management.

Global Finance, where she sits on the partnership, manages private equity vehicles including the 2006-vintage South Eastern Europe Fund (approximately $471M), operates from offices in Athens, Sofia, Bucharest, and Belgrade, and reports roughly €850 million in assets under management. Over its history the firm has advised more than 80 investments across about 10 countries, with an aggregate acquisition value exceeding $820 million.

Investment Thesis & Focus

  • Invests through Global Finance's private equity and real estate platform, not as a personal angel — the "angel/seed" framing in some databases does not match the firm's actual buyout/growth-and-real-estate mandate.
  • Stage & size: Expansion capital and MBO/MBI transactions, plus real estate development; firm-wide equity checks typically €1M–€40M.
  • Sector (her focus): Real estate development and real-estate-related investments across South-Eastern Europe.
  • Geography: Deep specialization in Bulgaria, Romania, Serbia, and Greece — she leverages local-language fluency and on-the-ground offices in Sofia, Bucharest, and Belgrade.
  • What earns a "yes" (firm stated approach): backing "dynamic companies with regional development plans," pursuing organic growth and buy-and-build strategies, and market-leading positions in the region.

Notable Investments

  • Jumbo — leading Greek toys/home retailer; well-known Global Finance private equity success.
  • Orange Romania — major Romanian telecom operator.
  • ICAP — regional business information and services group.
  • Dodoni — established Greek dairy producer.
  • Totalsoft — Romanian enterprise software company.

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