Funds

The Baring Vostok funds focus on private equity investments in Russia and the CIS. The Funds currently have over $3.7 billion of committed capital and an investor base consisting primarily of pension funds, university endowments, sovereign wealth funds, and funds of funds from North America, Western Europe, Asia, and the Middle East. Since 1994, the Funds have invested over $2.8 billion in 80 companies in Russia, Kazakhstan, Ukraine and other countries of the Former Soviet Union. 47 investments have been fully or partially exited with an average holding period of six years.

Approach

The Baring Vostok Funds seek to identify and invest in rapidly-growing businesses in attractive segments of the economies of Russia and the CIS. Baring Vostok works with strong entrepreneurs and managers in a partnership approach, bringing support and advice where needed to help achieve the company’s full potential. Over its 20 years in the market, Baring Vostok has built up a reputation as a friendly investor that keeps its promises, combining global insights in key industries with specialised experience in Russia and the CIS.

Leadership

Established in 1994, Baring Vostok is one of the oldest and the largest private equity firms focusing on Russia and the CIS. Baring Vostok has been ranked as the leading private equity firm in Russia by readers of Private Equity International in 2005 — 2011.

40
professional
experts
Baring Vostok’s Moscow-based team is made up of 40 professionals including not only investment specialists, but also operating managers, lawyers, finance managers, and other key support resources closely interacting with and monitoring the businesses of the portfolio companies.

Baring Vostok — a leader in PRIVATE EQUITY in Russia

  • Statistics 1
  • Statistics 2
  • Statistics 3
  • Statistics 4

Partner Views About Baring Vostok

Baring Vostok Fund and its professionals have become true partners and sound advisors, and we are counting on our relationship to continue for many more years! Arkady Volozh

Arkady Volozh

Yandex CEO
I became acquainted with Baring Vostok Capital Partners in 1999, at a time when a number of potential investors were hovering around Yandex. After serious discussions and negotiations, we invited Baring Vostok Funds and their professionals as partners, and since then we have never regretted the decision. As a shareholder through one of their private equity funds, Baring Vostok helped solidify Yandex as a strong, independent company, then made it a profitable one, and helped set the stage for further expansion and growth.
Baring Vostok Fund embraced the business concept and provided the initial funding that unlocked the business potential. Finian O’Sullivan

Finian O’Sullivan

Burren Energy President
To build a company from its business concept stage is not an easy endeavour, particularly in the former Soviet Union. With hindsight, I can only applaud the patience, attitude and fortitude of my founding shareholders in making this company what it is today. Through their strong board presence, they have established the corporate governance and administrative structure that has been fundamental to investor confidence. We have been extremely fortunate to attract such a creative, energetic and supportive body of men and women as those that make up the Baring Vostok Fund team.
The Baring Vostok team are professionals who know their business and are able to solve any challenges our company may face. V. Zarenkov

V. Zarenkov

Chairman of the Board of Directors, Etalon Group
Out of hundreds of companies we considered in 2008 as potential partners, we chose Baring Vostok Fund. Over the next four years we had no reasons to regret our decision. Baring Vostok Fund brought to our company an understanding of the significance of the corporate management system, corporate culture and responsibility for decisions. We have always been good at understanding each other. The common professional business language we use allows us to solve any tasks and challenges our company may face. Through participation in the Board of Directors, the representatives of Baring Vostok Fund brought a spirit of corporate responsibility for management decisions. The reputation of the company’s managers is impeccable. They are internationally known as conscientious and honest professionals as well as kind people. I consider myself lucky to have met such people, to do business with them and simply to be their friends.
We recall our joint work with Baring with gratitude and hope for every success in their future projects. Alexander Rodnyansky

Alexander Rodnyansky

CTC Media CEO
I became the head of CTC in 2002, at a time when the company was preparing to undertake more aggressive development, in part by investing in programming and distribution. Baring Vostok Fund was one of the key shareholders supporting my recruitment to the company. Baring’s professionals have been close partners and have provided essential assistance and support to our team. Its partners played an active role on the Board of Directors, heading the Audit Committee and, in cooperation with other key shareholders, have provided support for management across all aspects of the company’s development. This includes purchasing new stations, and acquiring and developing a new, second network. Baring Vostok Fund initiated and organised the hiring of a new CFO, who, along with the audit committee, prepared the company for the flotation of its shares on NASDAQ in 2006. The successful initial public placement was a major breakthrough for CTC Media.

News

22 March 2019

Media Statement.

Regarding lawsuit filed by Finvision Holdings.
02 March 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing on the pre-trial detention of BVCP Partner Philippe Delpal, the Moscow Municipal Court refused to change the form of detention for Mr Delpal to house arrest. BVCP intends to appeal this decision in higher instance courts.
28 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing on the pre-trial detention of BVCP Founder Michael Calvey, the Moscow Municipal Court refused to change the form of detention for Mr Calvey to house arrest. BVCP intends to appeal this decision in higher instance courts.
27 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following appeal hearings regarding the pre-trial detention of BVCP Investment Director Ivan Zyuzin and Partner Philippe Delpal, the Moscow Municipal Court rejected a motion to amend the detention of Ivan Zyuzin, while Philippe Delpal’s hearings were rescheduled to 1 March. BVCP intends to appeal the court’s decision regarding Ivan Zyuzin in higher courts.
26 February 2019

Media Statement.

Baring Vostok Capital Partners announces that following an appeal hearing with regard to the pre-trial detention of BVCP partner Vagan Abgaryan, the Moscow Municipal Court refused to change the form of detention for Mr Abgaryan to house arrest.
21 February 2019

Media Statement.

Baring Vostok Capital Partners confirms that formal charges have been filed against its employees Michael Calvey, Vagan Abgaryan, Philippe Delpal and Ivan Zyuzin, under part 4 of article 159 of the Russian criminal code.
19 February 2019

Media Statement.

Elena Ivashentseva, Senior Partner at Baring Vostok Capital Partners, took part in a session of the Russian Union of Industrialists and Entrepreneurs’ International Council for Cooperation and Investment. The ad hoc session of the committee was chaired by Alexander Shokhin to discuss the arrest of Michael Calvey and his colleagues.
18 February 2019

Media Statement.

In light of recent events, Baring Vostok Capital Partners (BVCP) announces that it continues to conduct business as usual, and that Senior Partner Elena Ivashentseva and Co-Founder Alexei Kalinin have jointly taken on the responsibilities of leading BVCP.

Contacts

RUSSIA

9 Lesnaya St., White Gardens Business Center, Building B,
6th Floor, 125196, Moscow

Tel.: +7 495  967 1307 | Email: info@bvcp.ru

GUERNSEY

1 Royal Chambers, St Julian’s Avenue, Saint Peter Port, GY1 2НН, Guernsey

Tel.: +44 1481 736 947 | Email: info@bvcp.gg