VEB to Set Up “Fund of Funds” to Aid Small Businesses
The Moscow Times State-owned Vnesheconombank (VEB) is planning to create a “fund of funds” to invest in small- and mid-sized Russian businesses, as part of the government’s plan to boost economic growth, VEB deputy CEO Alexander Ivanov said. VEB will...
Skolkovo secures $4 billion state funding until 2020
The Skolkovo Foundation, which manages Russia’s largest state-sponsored innovation hub under construction outside Moscow, will receive another 135.6 billion ruble […]
Moody’s: Acquisition of Scartel/Yota is credit neutral for MegaFon
Moody’s London, 13 August 2013 — Moody’s Investors Service has today said that it views as credit neutral for MegaFon OJSC (Baa3 negative) the company’s potential acquisition of Scartel/Yota, which is the owner of 2×30 megahertz (MHz)...
Almaz Capital invests in US big data solution provider
East-West Digital News Almaz Capital Partners, one of the most established Russian venture funds, has discretely launched a second fund with $102 million under management. No noisy announcement was made, but the news was reported in late July by the financial press...