Private equity funds news

Russian Private Equity Leaders Award 2010 was established to recognize and promote best achievements of firms and individuals in the field of private equity investments in Russia. The winners of the award were defined by readers of the journal and mass media AllEquityFunds through online voting. Totally 1703 votes were received. Representatives of almost all private equity funds in Russia, investment banks, advisors and other private equity market players took part in the voting. The factors that were recommended for choosing the best nominees were: professionalism and quality of work, reputation on the market and achieved results in 2010.

The winners were announced at the main private equity market event in Russia and the CIS - 7th C5 International Forum "Private Equity and Venture Capital in Russia and CIS". 

“The success of the first private equity award in Russia confirms increasing interest and development of private equity market in the region.” – said Igor Checkoun, Editor-in-chief of Private Equity Russia & CIS Journal. “The independent results of the award could be a good guideline for market players. We plan to develop the award next year and we invite funds, advisors and individuals to take part in our Russian Private Equity Leaders Award 2011 that will start at the end of the year”.

The winners of Russian Private Equity Leaders Award 2010 are:

Russia Partners is one of the oldest and largest private equity firms in Russia with over USD 1 billion of assets under management and over 40 employees in Moscow, Samara and Kiev. It made over 50 investments since its inception (EPAM Systems, MDM Bank, MTV Russia, etc.). 

Founded in 1890 Squire, Sanders & Dempsey has currently 37 offices in 17 countries. Russian office started its work in 1995. In 2010 the company advised such private equity funds in Russia as United Capital Partners, Russia Partners, Elbrus Capital, NRG, EBRD, Alfa Capital Partners, Baring Vostok, Darby Private Equity, Digital Sky Technologies, Mint Capital and Steep Rock Capital.

The company was founded in 2006. The core services are due diligence and assistance in fund raising. In 2010 Financial Consulting Group was involved in 36 M&A deals with private equity funds in Russia, such as Capman (LMZ), Uralsib (GK Akademia), Almaz Capital Partners (Alawar), etc. 

Ivan Litvintsev is Director in UFG Private Equity. Ivan is with UFG Private Equity from the date of their Fund I inception. He participated in over USD 150M investment transactions (FMCG, beverage, cinema, banking, travel, gold, wood sectors) and currently is Board Director of two companies.

All results of the online voting are represented on web pages of the award http://allequityfunds.com/peaward/ The organizing partner of the event: C5. Media partners: Securities Market magazine, Investor.ru, MFD-InfoCenter, Securities & Investment Institute, K2K Capital, RUSTOCKS.com.

Source: AllEquityFunds.com