Funds

The Baring Vostok funds focus on private equity investments in Russia and the CIS. The Funds currently have over $3.7 billion of committed capital and an investor base consisting primarily of pension funds, university endowments, sovereign wealth funds, and funds of funds from North America, Western Europe, Asia, and the Middle East. Since 1994, the Funds have invested over $2.8 billion in 80 companies in Russia, Kazakhstan, Ukraine and other countries of the Former Soviet Union. 47 investments have been fully or partially exited with an average holding period of six years.

Approach

The Baring Vostok Funds seek to identify and invest in rapidly-growing businesses in attractive segments of the economies of Russia and the CIS. Baring Vostok works with strong entrepreneurs and managers in a partnership approach, bringing support and advice where needed to help achieve the company’s full potential. Over its 20 years in the market, Baring Vostok has built up a reputation as a friendly investor that keeps its promises, combining global insights in key industries with specialised experience in Russia and the CIS.

Leadership

Established in 1994, Baring Vostok is one of the oldest and the largest private equity firms focusing on Russia and the CIS. Baring Vostok has been ranked as the leading private equity firm in Russia by readers of Private Equity International in 2005 — 2011.

40
professional
experts
Baring Vostok’s Moscow-based team is made up of 40 professionals including not only investment specialists, but also operating managers, lawyers, finance managers, and other key support resources closely interacting with and monitoring the businesses of the portfolio companies.

Baring Vostok — a leader in PRIVATE EQUITY in Russia

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Partner Views About Baring Vostok

Baring Vostok Fund and its professionals have become true partners and sound advisors, and we are counting on our relationship to continue for many more years! Arkady Volozh

Arkady Volozh

Yandex CEO
I became acquainted with Baring Vostok Capital Partners in 1999, at a time when a number of potential investors were hovering around Yandex. After serious discussions and negotiations, we invited Baring Vostok Funds and their professionals as partners, and since then we have never regretted the decision. As a shareholder through one of their private equity funds, Baring Vostok helped solidify Yandex as a strong, independent company, then made it a profitable one, and helped set the stage for further expansion and growth.
Baring Vostok Fund embraced the business concept and provided the initial funding that unlocked the business potential. Finian O’Sullivan

Finian O’Sullivan

Burren Energy President
To build a company from its business concept stage is not an easy endeavour, particularly in the former Soviet Union. With hindsight, I can only applaud the patience, attitude and fortitude of my founding shareholders in making this company what it is today. Through their strong board presence, they have established the corporate governance and administrative structure that has been fundamental to investor confidence. We have been extremely fortunate to attract such a creative, energetic and supportive body of men and women as those that make up the Baring Vostok Fund team.
The Baring Vostok team are professionals who know their business and are able to solve any challenges our company may face. V. Zarenkov

V. Zarenkov

Chairman of the Board of Directors, Etalon Group
Out of hundreds of companies we considered in 2008 as potential partners, we chose Baring Vostok Fund. Over the next four years we had no reasons to regret our decision. Baring Vostok Fund brought to our company an understanding of the significance of the corporate management system, corporate culture and responsibility for decisions. We have always been good at understanding each other. The common professional business language we use allows us to solve any tasks and challenges our company may face. Through participation in the Board of Directors, the representatives of Baring Vostok Fund brought a spirit of corporate responsibility for management decisions. The reputation of the company’s managers is impeccable. They are internationally known as conscientious and honest professionals as well as kind people. I consider myself lucky to have met such people, to do business with them and simply to be their friends.
We recall our joint work with Baring with gratitude and hope for every success in their future projects. Alexander Rodnyansky

Alexander Rodnyansky

CTC Media CEO
I became the head of CTC in 2002, at a time when the company was preparing to undertake more aggressive development, in part by investing in programming and distribution. Baring Vostok Fund was one of the key shareholders supporting my recruitment to the company. Baring’s professionals have been close partners and have provided essential assistance and support to our team. Its partners played an active role on the Board of Directors, heading the Audit Committee and, in cooperation with other key shareholders, have provided support for management across all aspects of the company’s development. This includes purchasing new stations, and acquiring and developing a new, second network. Baring Vostok Fund initiated and organised the hiring of a new CFO, who, along with the audit committee, prepared the company for the flotation of its shares on NASDAQ in 2006. The successful initial public placement was a major breakthrough for CTC Media.

News

30 May 2018

CFT Rated among Russia's Major IT Companies.

CNews Analytics agency has published its analytical review ”IT Market: Results 2017”. The review included ratings of the branch participants. Based on last year’s activity, CFT moved up 5 ranks in the rating ”Russia’s Major IT Companies 2017” (CNews100) to number 12 in the list. In the rating ”Russia’s Major IT Developers 2017” CFT remained number 6.
26 March 2018

Papa John's restaurant chain attracts new investors.

PJ Western, master-franchisee of Papa John's international in Russia, the CIS and Central Europe, announces a deal with the Baring Vostok investment fund to increase its total number of restaurants to 450 by December 2020.
12 March 2018

Etalon 2017 Total Asset Value Reaches USD 2.3 bln.

ETALON GROUP PLC, one of Russia’s largest and longest-established development and construction companies, announces the results of its asset valuation as of 31 December 2017, conducted by Knight Frank.
09 February 2018

Tinkoff Bank opens development hub at Skolkovo.

Tinkoff Bank announces the opening of a development hub at the Skolkovo innovation centre. Its team will focus on delivering new business solutions based on blockchain, as well as voice and face recognition technologies.
23 January 2018

CFT supports banks in complying with SWIFT CSP security requirements.

In 2017, CFT was included in the Directory of Cyber Security Service Providers accredited for implementation of the SWIFT Customer Security Programme. The company started implementing the projects on attestation and analysis of the connection security of the financial institutions’ IT infrastructure to SWIFT.
10 January 2018

Etalon Group Delivers 423 ths sqm of NSA in 2017.

ETALON GROUP PLC, one of Russia’s largest and longest-established development and construction companies, announces that it delivered 423 ths sqm of net sellable area at its residential real estate development projects in 2017, in line with the Company’s guidance and construction programme for the year.

Contacts

RUSSIA

9 Lesnaya St., White Gardens Business Center, Building B,
6th Floor, 125047, Moscow

Tel.: +7 495  967 1307 | Email: info@bvcp.ru

GUERNSEY

1 Royal Chambers, St Julian’s Avenue, Saint Peter Port, GY1 4AF, Guernsey

Tel.: +44 1481 736 947 | Email: info@bvcp.gg