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Baring Vostok
Baring Vostok Capital Partners is the largest independent private equity firm focused on investments in Russia and the Commonwealth of Independent States. The Baring Vostok Private Equity Funds invest across a broad range of industries including oil and gas, consumer products, media and technology, telecommunications and financial services. The Investment Advisor of the Funds, Baring Vostok Capital Partners (Guernsey) several times since 2005 has been voted “Russian Private Equity Firm of the Year” by the readers of Private Equity International and Private Equity Online. The sub-advisor of BVCP has a branch office in Moscow with a team of 40 experienced investment professionals.Baring Vostok Wins Best Private Equity Firm In Russia . Private ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baring Vostok Logo
Baring may refer to one of the following: People * Baring (surname) * Baring family German-British Baring family * Family Name of the Earl of Cromer * Family Name of the Earl of Northbrook, Baron & Earl of Northbrook * Family Name of the Baron Ashburton * Family Name of the Baron Howick of Glendale * Family Name of the Baron Revelstoke Places * Baring, Victoria, Australia * Baring, Saskatchewan, Canada * Cape Baring, Northwest Territories, Canada * Baring, Missouri, US * Baring, Washington, US * Baring Plantation, Maine, US * Båring, Denmark Banks * Barings LLC, the successor of Barings Bank * Barings Bank, a bank created in 1762 and closed in 1995 * Baring Private Equity Asia, an Asian private equity firm Ships *Baring (1801 Indiaman), ''Baring'' (1801 Indiaman), a merchant vessel of the East India Company, later a convict transport *Baring (1809 ship), ''Baring'' (1809 ship), a merchant vessel Other uses * Baring Road See also *Sabine Baring-Gould (1834–1924), Engl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergei Magnitsky
Sergei Leonidovich Magnitsky (, ; ; 8 April 1972 – 16 November 2009) was a Russian tax advisor responsible for exposing corruption and misconduct by Russian government officials while representing client Hermitage Capital Management. His arrest in 2008 and subsequent death after eleven months in police custody generated international attention and triggered both official and unofficial inquiries into allegations of fraud, theft and Human rights in Russia, human rights violations in Russia. His posthumous trial was the first in the Russia, Russian Federation. Magnitsky alleged there had been large-scale theft from the Russian state, sanctioned and carried out by Russian officials. He was arrested and eventually died in prison seven days before the expiration of the one-year term during which he could be legally held without trial. In total, Magnitsky served 358 days in Moscow's Butyrka prison. He developed gall stones, pancreatitis, and a blocked gall bladder, and was deni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vostochny Bank
Vostochny Bank () was a Russian bank based in Blagoveshchensk, Amur Oblast. It was established in 1991 and was acquired and absorbed in 2022 by Sovcombank. Vostochny Bank was focuses on the Siberian and Russian Far East markets, and ranked among the 30 largest Russian banks by assets prior to its acquisition. The private equity firm, Baring Vostok owned a stake in Vostochny. History In 2010 it purchased Consumer Bank, a Russian subsidiary of Banco Santander, and Morgan Stanley's City Mortgage Bank. In 2015 the bank reduced its workforce by half, laying off 4,000 employees. In 2016 it merged with Uniastrum Bank. After the merger, Uniastrum bank owner Artem Avetisyan acquired a 32% stake in Vostochny via his Finvision Holdings. At that time, Baring Vostok Capital Partners investment fund controlled 51.2% of Vostochny via Evision Holdings. In 2018, a dispute took place between the major shareholders. Evision Holdings didn't let Finvision Holdings execute a call option for a 9.9% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amur Oblast
Amur Oblast () is a federal subject of Russia (an oblast), located on the banks of the Amur and Zeya rivers in the Russian Far East. The oblast borders Heilongjiang province of the People's Republic of China (PRC) to the south. The administrative center of the oblast, the city of Blagoveshchensk, is one of the oldest settlements in the far east of the country, founded in 1856. It is a traditional center of trade and gold mining. The territory is accessed by two railways: the Trans-Siberian Railway and the Baikal–Amur Mainline. As of the 2021 Census, the oblast's population was 766,912. Names ''Amur Krai'' () or ''Priamurye'' ( 'Circum-Amur') were unofficial names for the Russian territories by the Amur River used in the late Russian Empire that approximately correspond to modern Amur Oblast. Geography Amur Oblast is located in the southeast of Russia, between Stanovoy Range in the north and the Amur River in the south, and borders with the Sakha Republic in the nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the Russian rouble, ruble and sovereign default, defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997, Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit, and supervisors had to implement a new policy. Both Russia and the countries that exported to i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ING Group
ING Group N.V. () is a Dutch multinational corporation, multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services. With total assets of US$967.8 billion, it is one of the biggest banks in the world, and consistently ranks among the List of largest banks, largest banks globally. ING is the Dutch member of the Inter-Alpha Group of Banks, a co-operative consortium of 11 prominent European banks. Since in 2012, ING Bank is a member in the list of systemically important banks, list of global systemically important banks. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. In 2020, ING had 53.2 million clients in more than 40 countries. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Интерфакс
Interfax () is a Russian news agency. The agency is owned by Interfax News Agency joint-stock company and is headquartered in Moscow. History As the first non-governmental channel of political and economic information about the USSR, Interfax was formed in September 1989, during Mikhail Gorbachev’s ''perestroika and glasnost'' period, by Mikhail Komissar and his colleagues from international broadcasting station ' Radio Moscow', a part of Soviet Gosteleradio system. Interfax originally used fax machines for text transmission, hence the company name.Михаил Комиссар: задача «Интерфакса» — быть номером один'. — TV-channel ' Russia-24', 9 September 2009. By 1990, Interfax had 100 subscribers and the agency quickly began to attract the attention of conservatives within the government, who attempted to shut down the agency. This saw the agency gain prominence in major western media, a position strengthened by its coverage of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verticali
Vertical () is a Russian company that engaged in the construction and further leasing of towers to mobile operators such as MTS, MegaFon, VimpelCom and Tele2 Russia. According to the research done by ''Advanced Communications & Media'' (AC&M), in the first half of 2019, Vertical was the second largest independent telecom infrastructure company in Russia, owning 3500 towers. Industry The company was established in 2013, when mobile operators began to actively develop the LTE standard in Moscow region. Large, complex and expensive towers of up to 100 meters high were presented at that time in the market. Vertical specialised in simple and cheap dual-purpose supports, which, in addition to base stations, were equipped with lighting and other equipment. The company began servicing MTS, Megafon, VimpelCom, and Tele2, and by 2015 leased them about 1,000 towers . In 2015 and 2016, the company participated in the competition for the purchase of VimpelCom towers . As of July 1, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Telecom
Golden Telecom is an internet services provider in Russia and the Commonwealth of Independent States (CIS). It was acquired by VimpelCom in 2007. History Founded in 1996 by the global corporation Global Telesystems ("GTS"). NYSE-listed Global TeleSystems ("GTS") was the owner of EBONE one of Europe's leading broadband optical and IP network service providers (a Tier 1 network). GTS had its IPO on the NASDAQ in 1998. In 2000, a new management including Robert A. Schriesheim as CFO, was brought in to help restructure and refocus the company. GTS was a pan-European communications services provider, backed by Alan B. Slifka and affiliates of George Soros and Soros Fund Management, Soros Private Equity, with revenues of over $1 billion and operations in 20 countries in Europe. In October 1999 GTS did an IPO of on the NASDAQ of, Golden Telecom, which held communications assets in Russia, with GTS retaining a 65% interest. GTS was essentially a portfolio of communications assets in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CTC Media
CTC Media LLC is a Russian broadcasting company with headquarters in Moscow, Russia. History CTC Media (till 2004 - StoryFirst Communications) was established by a U.S. entrepreneur Peter Gerwe in 1989 in Delaware in the United States.СТС Media объединили свои продакшн-компании 28.07.2011 In 1991 co-founded Russian-American radio station . The Group launched broadcasting operations in 1991 with its own TV station in . Channel Six of St. Petersburg started broadcasting in o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burren Energy
Burren Energy plc was a British oil exploration and production company founded in 1994 by Finian O’Sullivan who served as its CEO and, latterly, president. The company originally began as an oil transportation company in the Caspian Sea region, but later diversified into oil production in Turkmenistan, and in 2002 acquired Tacoma Resources, a company developing oil reserves in the Republic of Congo. Russian private equity firm Baring Vostok Capital Partners invested $27 million in the company in 2000. The company floated on the London Stock Exchange in late 2003, and was part of the FTSE 250 index. In February 2005, the company acquired a 26% stake in Indian firm Hindustan Oil Exploration, and was awarded two exploration contracts in Egypt. The company expanded exploration into Yemen and Oman in January 2006. On 30 November 2007 Burren agreed to be acquired by Italian energy company Eni in a deal valuing the company at £1.73 billion. Eni gained control of the firm in February 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
