Russia
Italian and Russian banks to launch joint venture
Italian banking group Intesa Sanpaolo and Russian bank Gazprombank have signed an agreement to make private equity investments in medium-sized local companies.
Providence acquires HSE24 from AXA PE
Providence Equity has acquired Germany-based international home shopping group Home Shopping Europe (HSE24) from AXA Private Equity for an estimated €650m.
Intel Capital et al. back KupiVIP
Intel Capital has led a $38m funding round for Russian e-commerce fashion retailer KupiVIP Holding.
CapMan Russia exits Tascom to trade player MTS
CapMan has exited Russian telecommunications firm Tascom to local trade player Mobile TeleSystems (MTS).
CapMan Russia buys minority stake in Top League
CapMan Russia has acquired a minority stake in Russian sporting goods retail chain Top League.
DST Global invests in German online retailer
DST Global has bought a 4%-stake in German online fashion retailer Zalando.
PE in emerging markets: local presence not key?
Speaking at unquote’s 20th anniversary summit in London yesterday, Development Partners International’s Eduardo Gutierrez-Garcia told delegates why his firm felt no need to set up shop in Africa. Other emerging markets tell a different story though. Greg...
PPF Group increases Eldorado stake
Czech private equity group PPF has acquired the remaining shares in Russian retail chain Eldorado.
GIMV, CapMan back Russia's Expert Photo
GIMV and CapMan have backed Russian photo business Expert Photo with an injection of growth capital.
Blackstone looking to invest in Russia
Blackstone Group is taking a closer look at Moscow on the search for investment opportunities in energy, emerging markets and growth capital for small companies.
I2BF and VTB launch $100m nano-tech fund
London-based asset management group I2BF is looking to raise a new $100m nano technology fund, which it will manage alongside Russian bank VTB.
Galitsky launches Russian venture fund Runa Capital
Almaz Capital Partners founder, Alexander Galitsky has reportedly partnered with Serguei Beloussov, to launch a Russia-focused venture fund, Runa Capital.
CapMan invests in Bank Evropeiskij
CapMan has invested in the Russian-based Bank Evropeiskij through its CapMan Russia fund.
Industry veterans launch new Russia fund, Elbrus Capital
Three industry veterans are launching a new Russian private equity investment company, Elbrus Capital, after they bought out the assets of Renaissance Private Equity from the Renaissance Group at the end of 2009.