- Saint Petersburg, Russia
- Year of initial investments:
- IPO at LSE
In spring 2011, Etalon shares were listed officially on London Stock Exchange.
Etalon Group is a leader in the residential construction sector in the north-west of Russia. Etalon is focused on large-scale residential complexes, targeting the lower middle class and upper economy class price segments. The Company holds firmly 10% of the market in the St. Petersburg Metropolitan Area and rapidly increasing its share in the Moscow Metropolitan Area.
Baring Vostok Private Equity Fund IV invested 50 million dollars to support further growth of Tinkoff Credit Systems (TCS).