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, and sovereign wealth funds from North America, Western Europe, Asia and the Middle East. Since 1994, the Funds have invested over $2.8 billion in 78 companies in Russia, Kazakhstan, Ukraine and other countries of the Former Soviet Union. 46 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

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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

29 May 2017

TKB Bank transfers to a new core banking system, CFT-Bank.

Transkapitalbank has successfully completed the project of implementation of CFT-Bank banking information system in its IT infrastructure. One of the targets of IT modernization was cost optimization of the maintenance of siloed core banking systems by transferring to a single technology platform.
19 May 2017

ACRA assigns Tinkoff Bank an А(RU) rating, outlook Stable.

TCS Group Holding PLC, Russia’s leading provider of online retail financial services, including Tinkoff Bank and Tinkoff Insurance, today announces that the Analytical Credit Rating Agency (ACRA) (Russia) has awarded Tinkoff Bank an, А(RU) rating with a stable outlook.
05 April 2017

Tinkoff Bank to launch a mobile virtual network operator.

TCS Group Holding PLC, Russia’s leading provider of online retail financial services, including Tinkoff Bank and Tinkoff Insurance, today announces the launch of its own mobile virtual network operator (MVNO).
14 March 2017

TCS Group Holding PLC Announces 4Q and FY 2016 IFRS Results.

TCS Group Holding PLC, Russia's leading provider of online retail financial services, including Tinkoff Bank and Tinkoff Insurance, today announces its audited IFRS results for the full year ended 31 December 2016, and a new dividend policy.
13 March 2017

Etalon 2016 Portfolio Value up 33% to USD 1.9 bln.

The updated valuation puts the open market value of Etalon Group’s portfolio at USD 1.9 bln, a 33% year-on-year increase. The open market value per share/GDR grew from USD 4.9 to USD 6.5. The Company’s landbank included 2.82 million sqm of NSA as of 31 December 2016.
22 February 2017

Moody’s upgrades long-term debt and deposit ratings of Tinkoff Bank to B1 from B2.

TCS Group Holding PLC, Russia’s leading provider of online retail financial services, including Tinkoff Bank and Tinkoff Insurance, today announces that Moody’s upgraded Tinkoff Bank’s long-term local- and foreign-currency deposit ratings and local-currency senior unsecured debt ratings to B1 from B2, outlook — stable.
31 January 2017

Nostrum Oil & Gas: Operational Update for the Fourth Quarter and the Twelve Months ending 31 December 2016.

Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its operational update for the twelve months period ending 31 December 2016. This update is being issued in advance of the release of Nostrum’s consolidated accounts for the same period. The information contained in this update remains subject to review by the independent auditors.

Contacts

RUSSIA

9 Lesnaya St., White Gardens Business Center, Building B,
6th Floor, 125047, Moscow

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

GUERNSEY

1 Royal Chambers, St Julian’s Avenue, Saint Peter Port, GY1 4AF, Guernsey

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