212 Capital Partners, a Turkey-focused venture capital firm based in Amsterdam, has announced its fifth investment of the year in CloudArena, which specializes in “Software as a Service” solutions to the hospitality industry. Separately, 212 Capital Partners announced an investment in Hazinem.com, an online jewelry store. Financial details for… Read More
Global multi-asset class investment manager PineBridge Investments and Polish postal group Integer.pl Group have announced a joint investment to develop and roll-out a parcel system called EasyPack in Europe and CIS countries. Already operating in Poland and Russia, EasyPack enables the sending and collecting of packages 24 hours a… Read More
CapMan Russia, a Russian private equity fund managed by CapMan, has acquired a minority stake in local sporting goods retail chain Top League. The chain currently consists of 55 stores located in 16 cities in the Southern, North-Caucasus and Central Federal Districts of Russia. The funding will be used… Read More
EMPEA’s 8th Annual Global Limited Partners Survey collected the views of 106 LPs from 28 countries around the world to better understand their changing attitudes toward private equity investing in emerging markets. This study provides EMPEA Members and the broader industry with a greater understanding of how LPs view the… Read More
Egeli & Co. Investment Holding, part of Egeli & Co. Asset Management, a Turkey-based asset management company focused on alternative asset classes, has announced an agreement to purchase 70.04 percent of the outstanding share capital of Ak B Tipi Yatirim Ortakligi, a Turkish securities investment trust. The value of… Read More
Baring Vostok Capital Partners (BVCP), a private equity firm operating in Russia and the CIS, has acquired a 27 percent stake in the United Medical Group holding company, which is the parent company of the Moscow-based medical services provider European Medical Center Group of Companies (GEMC). The deal is… Read More
Global private equity firm CVC Capital Partners has announced its sale of StarBev to Molson Coors Brewing Company for EUR2.65 billion (US$3.47 billion). Headquartered in Amsterdam, Netherlands and Prague, Czech Republic, StarBev operates nine breweries in Central and Eastern Europe. CVC invested US$1.2 billion in StarBev L.P. for it… Read More
Turkey’s unique geographic location has long been one of its defining characteristics: a country positioned at the nexus of civilizations and trade routes. While its recent history has been one of macroeconomic volatility, today, Turkey is widely perceived as an island of stability standing between two regions facing immense… Read More
Russian entrepreneur Dmitry Alimov has founded a US$50 million venture fund focused on the consumer sector in Russia. In particular, the fund, Frontier Ventures, will target early-stage internet-oriented consumer companies. Alimov previously ran ru-Net, a Russia-based internet and technology-focused investment company. Read More
Eastgate Capital Group, the private equity fund management arm of Saudi Arabia’s NCB Capital, has invested in Fabeks Diş Ticaret A.Ş. (Silk & Cashmere), a Turkey-based retail apparel company, through its MENA Direct Equity Fund for a 49.8 percent equity stake. The capital will be used to facilitate the… Read More
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