Baring Vostok Capital Partners

Sistema PJSFC: Ad-Hoc Notice

Retrieved on: 
Wednesday, November 18, 2020

Sistema and Baring Vostok have also agreed to enter into lock-up agreements pertaining to their total shareholdings in Ozon for a period of 180 days after the date of the final prospectus used to sell the ADSs in Ozon's initial public offering.

Key Points: 
  • Sistema and Baring Vostok have also agreed to enter into lock-up agreements pertaining to their total shareholdings in Ozon for a period of 180 days after the date of the final prospectus used to sell the ADSs in Ozon's initial public offering.
  • Sistema PJSFC is a publicly traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, financial services, retail, paper and packaging, agriculture, real estate, tourism and medical services.
  • Revenue in 2019 was RUB 656.9 billion; total assets equalled RUB 1.3 trn as of 31 December 2019.
  • This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities.

Long Ridge Equity Partners Closes Oversubscribed Fund III at Hard Cap of $445 Million

Retrieved on: 
Tuesday, October 13, 2020

Long Ridge Equity Partners (Long Ridge), a leading sector-focused private equity firm, today announced the final closing of Long Ridge Equity Partners III (Fund III).

Key Points: 
  • Long Ridge Equity Partners (Long Ridge), a leading sector-focused private equity firm, today announced the final closing of Long Ridge Equity Partners III (Fund III).
  • The oversubscribed fund closed at its hard cap of $400 million of Limited Partner commitments plus an additional $45 million of commitments from the General Partner and members of the firms Industry Advisor Network.
  • With Fund III, Long Ridge is well-positioned to back a new group of industry-leading financial and business technology entrepreneurs.
  • Monument Group served as the exclusive advisor and placement agent and Proskauer Rose served as legal advisor for Long Ridge Equity Partners III.

Advent International Raises $2 Billion for Seventh Private Equity Fund Dedicated to Latin America

Retrieved on: 
Tuesday, September 29, 2020

Advent International, one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for Advent Latin American Private Equity Fund VII (LAPEF VII or the Fund).

Key Points: 
  • Advent International, one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for Advent Latin American Private Equity Fund VII (LAPEF VII or the Fund).
  • The new fund brings Advents total capital raised for Latin America since 1996 to approximately $8 billionthe most of any private equity firm operating in the region.1 Including its Global Private Equity IX and Advent Tech funds closed last year, Advent has raised $22 billion in private equity capital in the last 16 months.
  • The new fund solidifies Advents position as one of the leading and longest-established private equity investors in Latin America.
  • In addition to LAPEF VII, Advent is investing its ninth global private equity fund, GPE IX, focused on buyouts across Europe, North America and Asia; and a dedicated technology fund, Advent Tech.

BV Investment Partners Announces Successful Completion of Fund X With Capital Commitments of $1.1 Billion

Retrieved on: 
Monday, March 2, 2020

The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap.

Key Points: 
  • The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap.
  • Maggie Carter, Chief Operating Officer of BV, said, "Almost all investors from BV Fund IX recommitted to Fund X, with over 80% of Fund X's committed capital coming from existing investors.
  • Fund X's predecessor Fund, BVIP Fund IX, was a $750 million fund raised in 2017.
  • BV Investment Partners expects Fund X to make between 13-15 investments with committed capital in the range of $30 million to $150 million per transaction.

Two Six Capital Advises Baring Private Equity Asia on Acquisition of Acuon Capital

Retrieved on: 
Monday, August 5, 2019

Two Six Capital, a technology-enabled firm that has pioneered data science for private equity, today announced that it advised Baring Private Equity Asia (BPEA), one of the largest and most established private alternative investment firms in Asia, on the acquisition of Acuon Capital, a South Korea-based consumer finance and leasing company.

Key Points: 
  • Two Six Capital, a technology-enabled firm that has pioneered data science for private equity, today announced that it advised Baring Private Equity Asia (BPEA), one of the largest and most established private alternative investment firms in Asia, on the acquisition of Acuon Capital, a South Korea-based consumer finance and leasing company.
  • The firms goal is to help private equity investors unmask the intrinsic value of their prospective and current portfolio companies.
  • Founded in 2013, Two Six Capital is a technology-enabled firm that has pioneered Data Science for private equity.
  • Two Six has served as an advisor and co-investor alongside many of the largest and most respected global private equity firms.