Baring Vostok believes that financial services are likely to continue to be one of the region’s most rapidly growing sectors, as its banking sector matures and penetration of other financial products increases towards the levels of more developed economies. Since 1994, Baring Vostok funds have invested over $750 million in 11 banks and financial services companies in Russia and Kazakhstan.


Russia’s leading auto leasing company. Fully exited in 2015
Moscow, Russia
Year of initial investments:
Controlling stake

The company started out in 1999 in Rostov-on-Don, when a group of professionals in small business financing established a regional firm providing equipment leasing. The same year, the company opened offices in Moscow, St Petersburg and Ekaterinburg. Baring Vostok Private Equity Fund purchased the company in a management buyout (MBO) in November 2003.

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