Baring Vostok Closes $1B Fund

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.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note