Russia
Bank Saint Petersburg launches Russian growth fund
Fund is the Russian-headquartered bank's first private equity vehicle
Elbrus's SPSR to merge with DPD
Russian courier business will merge with its competitor, with the GP retaining a minority stake in the enlarged group
Flight of western capital forces Russian PE to rebalance
Formal and informal sanctions continue to stunt western private equity activity in Russia, with many funds struggling to raise commitments
Baring Vostok and Elbrus fuel Busfor with $20m round
Online bus ticket vendor will look to expand in the Belarusian and Kazakh markets
Russian private equity vacuum remains
Despite a funding gap, private equity activity in Russia remains subdued
Northzone makes 13x on Avito exit
Nordic VC exits alongside Accel, Baring and Kinnevik
Baring Vostok and Almaz lead $40m series-B for CarPrice
Round follows $2m seed round in November 2014
Russia’s Runa Capital opens San Francisco office
VC also adds VP of communications to US team
Russia facing risk of entrepreneur exodus
Lack of Russian government support for start-ups could push entrepreneurs elsewhere
RDIF leads Lenta’s $225m SPO
Lenta first listed in early March, raising $952m
CEE IPOs failing to pick up in Q1
IPO activity may be solid across Europe, but listings are yet to take off in CEE
I2BF leads $3m round for RoboCV
Existing investor Leta Capital takes part in round
CapMan invests in Maximum Education
Investment made alongside Siguler Guff-managed Russia Partners Technology fund
Runa exits Metabar
Sale marks Runa's fifth exit since its establishment in 2010
Corporate venture profits in Russia
Geopolitical headwinds not deterring corporate venture investors in Russia
Elbrus Capital buys Headhunter for RUB 9.85bn
Russian online recruitment company to expand into new territories
iTech’s SeoPult bolts on uLogin
VC backed SeoPult with $10m in 2012
Apax- and Permira-backed New Look flees Russia and Ukraine
UK-based retailer cites geopolitical tensions in the region
Apax- and Permira-backed New Look flees Russia and Ukraine
UK-based retailer cites geopolitical tensions in the region
Almaz et al. invest $2m in CarPrice
Seed round comes just four months after company's establishment
CapMan invests in Russia’s Kidburg
Investment is second made through €99.1m CapMan Russia II vehicle
Life.Sreda launches second fund
Fund has already secured $20m from Life.Sreda's existing LPs
Guard Capital invests $2.8m in Doktor na Rabote
Second funding round for the company this year
CapMan closes CapMan Russia II on €99.1m
Vehicle was announced in July 2012