23.6.2016   

EN

Official Journal of the European Union

C 227/26


Prior notification of a concentration

(Case M.7971 — Goldman Sachs/Deutsche Bank/NBGI assets)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 227/09)

1.

On 16 June 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which funds managed by Goldman Sachs Asset Management, LP (‘GSAM Funds’, United States) and funds managed by Deutsche Alternative Asset Management (Global) Limited (‘DAAM’, Germany), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over the interests held by the National Bank of Greece SA in 11 United Kingdom and Guernsey funds (the ‘Target’).

2.

The business activities of the undertakings concerned are:

—   GSAM: provision of investment advisory services and asset management, globally.

—   DAAM: investment management and fund management services, globally.

—   The Target: private equity funds with interests in various portfolio companies, primarily active in healthcare, food/beverages, industrials, services and real estate, in Western, South Eastern and Central Europe as well as Turkey. The equity funds are namely NBGI SEE Energy Fund L.P., NBGI SEE Real Estate Fund L.P., NBG Technology L.P., NBGI Technology Fund II L.P., NBG South Eastern Europe Fund L.P., NBGI SEE Development Capital Fund L.P., NBGI Turkish Private Equity Fund L.P., NBGI Private Equity France Fund L.P., NBG Private Equity Fund L.P. and NBGI Private Equity (Tranche II) L.P., NBGI Private Equity Fund II L.P.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.7971 — Goldman Sachs/Deutsche Bank/NBGI assets, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.