Prague-headquartered private equity house Arx Equity Partners has decided to make no further investments in Poland and focus instead on the central and eastern European countries where it believes it has an advantage, as it lays the ground work for its next €100 million fund.

Doing deals in Poland will not be part of the firm's strategy in future, Brian Wardrop, co-managing partner at Arx Equity Partners told Financial News' sister publication Private Equity News. "There are interesting opportunities in Poland, but we feel there's a lot of capital pursuing those opportunities," he said.