Russia and the region are endowed with one of the world’s most diverse and rich reserves of natural resources. Baring Vostok funds have actively invested in energy and forestry companies starting from the early privatisation projects of the 1990s, and later with the establishment of Burren Energy, an international oil company with assets in the Caspian region, in Africa, India and the Middle East. Since 1994, The funds have invested in a total of 18 projects related to natural resources, with total investments approximately $450 million .

Tsar Petrol

Oil company exploring and producing hydrocarbons at the Tsarichanskoye field in the Orenburg Region. Now a part of Gazpromneft. Exited in 2011

Other projects

News

02 September 2019

Media Statement.

Baring Vostok statement on the court decision to arrest Evison’s remaining shares of Vostochny Bank.
15 August 2019

Media Statement.

Mosgorsud took the only possible reasonable decision today, transferring Philippe Delpal to house arrest. The court also claified some of the restrictions relating to Michael Calvey’s continued house arrest.
06 August 2019

Media Statement.

BVCP statement on the decision by Mosgorsud on 5 August 2019.
10 July 2019

Media Statement.

At today’s hearing in the Basmanniy Court the defense lawyers for Ivan Zyuzin and Vagan Abgaryan announced a motion to disqualify the judge after spotting the ruling for the hearing on the judge’s desk before the hearing had even completed.
09 July 2019

Media Statement.

Today’s decision by the Basmanniy Court to prolong the pre-trial detentions of Maxim Vladimirov and Philippe Delpal was unfounded.

08 July 2019

Media Statement.

Today the Basmanny Court once again prolonged the house arrest of the founder of Baring Vostok Michael Calvey, without any legal basis for the arrest.

14 June 2019

Media Statement.

Baring Vostok funds are very concerned about potential violations with the bank’s formal approach to meeting the Central Bank requirements, and about continuing issues with Vostochny’s asset quality that may require an additional RUB 10-15 billion of provisions be created.
21 May 2019

Media Statement.

BVCP statement on the decision to deny Philippe Delpal’s appeal regarding the form of pre-trial detention.