Thursday, 28 August 2014
Last updated 38 sec ago
May 30 2007 | 10:09am ET
Moscow-based Baring Vostok Capital Partners recently held a final close at US$1 billion for its latest offering dubbed the Baring Vostok Private Equity Fund IV. The new fund eclipsed its predecessor offering, which raised US$413 million in 2005.
The fund attracted capital from institutional investors in Europe, North America, the Middle East and Asia, according to the firm. The new offering will focus on the financial services, consumer products, media, telecommunications, and oil & gas sectors, and will acquire companies operating in Russia, Kazakhstan, Ukraine, and former Soviet republics.
“Russia and the CIS remain challenging markets in many respects, but the returns on investment are very attractive and compare favorably with most other countries or regions,” Michael Calvey, co-managing partner of Baring Vostok, said. “The medium-sized businesses on which we focus are growing fast, generating strong profit margins, and are generally not exposed to the political risks that have impacted some of the country’s largest companies.”
Baring Vostok was established in 1994 and is a member of Baring Private Equity International, a global p.e. group with more than $3.5 billion of capital commitments under management by affiliates in the Commonwealth of Independent States, Asia, India, Europe and Latin America.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...