Articles
Private Equity Market in Russia and CIS 2Q 2010
28.10.2011
Overview of private equity market in Russia and CIS in 2Q 2010 by Private Equity Russia & CIS Journal (PERCIS).
Market size and investment directions
Private Equity Russia & CIS Journal estimates the volume of deals with private equity funds in Russia at USD 481,2M+ in 2Q 2011. The total number of deals was 9, amongst which there were seven exits.
Most of the deals were focused on TMT and Finance&Insurance industries. The largest deals were the exits of Tiger Global and Baring Vostok private equity funds from the largest Russian search engine Yandex (through IPO, USD 187M and USD 156M relatively) and investments of three private equity funds in the Russian Internet retailer KupiVip (USD 55M).
In the CIS countries the deals with private equity funds happened in Ukraine and Kazakhstan (1 deal in Finance & Insurance and 1 deal in Electric Utilities industry).
New funds
Totally private equity firms announced of plans to start 7 new private equity funds focused on Russia. The total size of the planned investment is USD 16200M. The largest of them is the Russian Direct Investment Fund (USD 10000M) that would use federal budget funds.
In the CIS also one fund is planned to start with total size of USD 200M (Kyrgyzstan).
Source: Private Equity Russia & CIS Journal (PERCIS)
