Giorgi Bachiashvili, the head of
the Co-investment Fund, has resigned. The fact is not confirmed by the official
reports, however, they say at the Fund that the statement about changes in the Fund’s
management will be made later.
1TV reports that Tsotne Ebralidze may become the new head, who worked as Managing Director, Hospitality & Real Estate at Georgian Co-Investment Fund.
Bidzina Ivanishvili founded the Co-investment fund in 2013, and was headed by George Bachiashvili from the very first day. The Fund carries out large-scale projects in several directions, including real estate, energy and agriculture.