1994 - East Fund Management (EFM) founded as a subsidiary of GiroCredit a leading Austrian bank, to manage listed and unlisted investments in Central and Eastern Europe.

1996 - Alliance Capital purchases a 51% stake in EFM

1996 to 2001 - EFM launches a variety of Mutual Funds, Private Equity and Venture Capital Funds focussing in Central Europe, Austria and Germany.

1996 to 2001 – EFM opens offices in Romania, Slovak Republic, Czech Republic and the Baltics.

2001 - Dave Williams (former CEO and Chairman of Alliance Capital) along with senior management purchases EFM. Company sells its listed equity and fixed income business and focuses on Private Equity.

2002 - Senior Management purchases 100% of EFM and holding company and renames holding company HKK Partners.