capital partners type private ownership industry private equity founded 1994 founder michael calvey headquarters moscow russia products leveraged buyouts growth capital total assets 3.7 billion 1 website www.baring vostok.com 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 . 2 from it founding in 1994 through 2004 the firm was a subsidiary of baring private equity international bpep international which was an affiliate of barings bank in addition to baring vostok the affiliates of bpep international include baring private equity asia 3 as well as baring private equity partners india founded in 1984 . 4 bpep international s latin america affiliate is known as gp investments a leading private equity firm in brazil . collectively the firms represent over 12 billion in capital commitments as of the end of 2014 . with offices in moscow the firm has raised over 3.7 billion across five investment funds . the firm s name vostok is the russian word for east . additionally the vostok spacecraft was the first manned spacecraft operated by russian cosmonaut yuri gagarin . contents 1 investments 2 history 3 references 4 external links investments edit since inception baring vostok has invested over 2.4 billion in 67 companies . 2 baring vostok is best known for its early stage investment in russian search engine yandex acquiring a 35.7 % stake in the business in 2000 . 5 6 at the time of the yandex ipo baring vostok is estimated to have generated value of approximately 4 billion representing a return on its original 5 million investment in excess of 800x . 7 8 among baring vostok s most other investments are volga gas 9 borjomi mineral water ozon.ru burren energy ctc media centre of financial technologies enforta er telecom 1c burren energy novomet kaspi bank orient express bank europlan novomet karo avito.ru tinkoff.ru emc and golden telecom . 5 history edit baring vostok capital partners origins date back to 1994 with the formation of the first nis regional fund . 10 the fund was a joint venture between baring asset management and sovlink a russian american merchant bank . baring bank s ties to russia traced back several centuries and barings was the primary international bank for the russian czars . the first nis regional fund was originally managed by a team of investment professionals from barings and sovlink including current baring vostok senior partner michael calvey . with 160 million of investor commitments the fund ultimately returned 620 million to investors over the life of the fund . in 1997 baring vostok capital partners became an affiliate of baring s bpep international . following the collapse of barings bank the ownership of bpep international was assumed by the dutch bank ing group . in 2001 the firm completed fundraising for the baring vostok private equity fund . with 205 million of investor commitments baring vostok s was the first foreign private equity fund raised in the aftermath of the 1998 russian financial crisis . 11 in may 2004 bpep international completed a management buyout from ing group which resulted in baring vostok s partners purchasing ownership of its management company . at the same time the firm s affiliates in asia india and latin america completed similar buyouts of their respective firms . these companies subsequently continued their affiliation although each firm retained full ownership of their respective businesses . 12 following the buyout of the management company in 2005 the baring vostok private equity fund iii was raised with total committed capital of 413 million . 13 in february 2007 the firm completed fundraising for its fourth private equity fund . baring vostok raised 1.1 billion of investor commitments for its main fund baring vostok private equity fund iv . together with a parallel fund baring vostok fund iv supplemental fund which raised over 300 million of capital baring vostok s fourth fund was at the time the largest private equity fund in eastern europe . 14 in october 2012 the baring vostok private equity fund lp v was raised with total committed capital of 1.15 billion which was at the time the largest amount raised for a deal of this kind in russia . 15 baring vostok fund v supplemental fund raised 350 million . 16 references edit capital raised since inception a b baring vostok wins best private equity firm in russia . private equity russia 2010 baring private equity asia baring private equity partners india company website a b russian roots . anatomy may 2007 baring vostok backed yandex files for ipo . altassets may 3 2011 yandex is set for 1.3 billion stock offering . new york times may 23 2011 yandex beats google . privcap may 24 2011 volga gas plans to raise about 100 mln usd in london ipo . forbes april 10 2007 baring vostok scales new private equity heights . euromoney magazine may 2007 baring vostok private equity fund closes at 205m . altassets jan 24 2002 baring private equity group organization website russian baring vostok closes third fund on 400m . altassets feb 25 2005 baring vostock set to launch record fund in bear market . dow jones financial news july 18 2011 chassany anne sylvaine . baring vostok gets 1.5 billion for russia s largest fund bloomberg 1 october 2012 . accessed 18 february 2016 . 1 external links edit baring vostok capital partners company website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies v t e merchant banking private equity groups current and prior abn amro aac capital partners bank of america ridgemont equity partners merrill lynch global private equity barclays capital barclays private equity barings bank baring vostok capital partners gp investments bear stearns irving place capital fka bsmb cibc world markets trimaran capital partners citigroup metalmark capital court square capital partners cvc capital partners credit suisse dlj merchant banking avista capital partners diamond castle holdings deutsche bank midocean partners first chicago bank defunct madison dearborn partners gtcr goldman sachs goldman sachs capital partners jpmorgan chase ccmp capital fka jpmorgan partners one equity partners lazard lazard alternative investments lehman brothers defunct trilantic capital partners morgan stanley metalmark capital morgan stanley capital partners nomura terra firma capital partners ubs ubs capital affinity equity partners capvis lightyear capital wells fargo norwest venture partners pamlico capital william blair & company chicago growth partners william blair capital partners list of investment banking private equity groups retrieved from https en.wikipedia.org w index.php title baring vostok capital partners & oldid 707733026 categories private equity firms of russiacompanies based in moscowcompanies established in 1994investment banking private equity 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