08.12.2011
Commersant, №230, 08.12.2011

EBRD spends on shops

The EBRD’s fund is getting a stake in “Rosinka” and “Sberegaika” food retailers

 Volga River Growth fund, whose anchor investor is European Bank for Reconstruction and Development (EBRD), is providing finance for acquisition of Orel-based “Sberegaika” food retail chain by Lipetsk-based “Rosinka” food retailer. The fund will hold a stake in the combined company. It hopes to resell this stake in several years time and generate return of over 25% p.a.

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29.09.2011
Forbes, September 2011

Non-public investments are much more reliable in crisis 

Alexey Panferov, Managing partner of Volga River One PE fund, on private equity market in time of instability

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29.06.2011
Vedomosti, №112 (2878) of 22.06.2011

Fund with a mezzanine

First mezzanine fund in Russia, combining lending to and minority shareholding in portfolio companies, plans to get EBRD as its investor and generate up to 30% per annum.

 

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25.04.2011
"Commersant", №70 (4611), 21.04.2011

Genser has rolled down to stock exchange

Car dealer’s IPO is planned for autumn

Genser Group, top-5 car dealer in Russia, is planning an IPO on London Stock Exchange: this autumn the company may sell a minority stake formed out of new issue and shares currently owned by Volga River One Capital Partners and Solway Investment. VTB Capital, UBS and Goldman Sachs are selected to lead the IPO.

 

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29.01.2011
"Private Equity Russia&CIS", №4 (Dec '10 - Jan'11)

TRENDS, RESULTS AND EXPECTATIONS OF PRIVATE EQUITY MARKET DEVELOPMENT IN RUSSIA

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29.01.2011
"Private Equity Russia&CIS", №4 (Dec '10 - Jan'11)

DUE DILIGENCE. PRIVATE EQUITY FUNDS EXPERIENCE IN RUSSIA

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19.12.2010
"Finance." Journal, № 46 (377) 13-19.12.2010

Volga River and Solway Funds’ Portfolio Company, car dealer Genser, is preparing for IPO in 2011.

Vladimir Pronin: "The maximum target for 2011 is to hold the IPO”

Interview. The money of buyers and banks returned on the car market. And the investment opportunities in car dealers’ segment returned right after them. We can think of IPO again, says co-owner of Genser, and even with the premium to a food retail sector.

Vladimir is the crisis over?

- It seems that the worst is behind.

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12.06.2010
Russian Private Equity, 12/2010

Fund with mezzanine

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04.06.2010
Vedomosti 04.06.2010, 101 (2619)

Tractor for VEB

All companies of “Tractornie Zavody” group will now belong to Vnesheconombank until the RUB 15 billion loan is repaid in full – according to VEB. As clarified by a source close to the bank, the shares of the group’s parent company “Machinery & Industrial Group” (MIG) are to change hands.

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13.05.2010
May 13, 2010, Bfm.ru

According to the latest Maplecroft report, Russia is one of the most risky countries for investors, along with Nigeria and Iraq. If foreigners do consider investments in Russia, Russians have to spend half of the time in negotiations to prove that it is not any more dangerous than Ukraine or Georgia.

Fast-growing developing countries, such as Russia, Nigeria, Iraq and Angola, are one of the most risky for investments. This conclusion was reached by British Maplecroft.

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