East-West Digital News
Last week Russian venture fund Quadro Capital Partners (FXC-QCP VC) and online trading service provider Forex Club announced investment plans in the field of Internet trading on the international stock market.
The total volume of investments could reach up to $200 million, as reported by Russian news agency Interfax. Both acquisitions with further integration into Forex Club and capital injections in independent companies are under consideration.
Launched in December 2013 by the former top managers of Troika Capital Partners, Quadro Capital Partners focuses on payment systems, asset management, banking, financial and business services, business simulations and games, and education in business. The fund is a Retail Brands Collection (formerly known as Sun Investment Partners) co-investment company with exclusive co-investment rights of up to 50% alongside Retail Brands Collection.
Retail Brands Collection claims to be the biggest privately held non-food retail holding in the former Soviet Union investing into value consumer segments in the CIS, CEE and EU.
Forex Club was founded in 1997, providing services in the field of Internet trading across a wide range of financial instruments, including currencies, equities, metals, oil and gas stocks.
Source: Interfax
This story first appeared in East-West Digital News, a leading online resource on Russian digital industries.