Project summary document

Project description
and objectives:

As part of its commitment to support the private sector, the EBRD is considering participating in Russia Partners III, which will invest in CIS enterprises with significant growth potentials.
The target size of the fund is USD 750 million.

Transition impact:

An investment in Russia Partners III offers the Bank the opportunity to support one of the proven private equity teams in Russia/CIS by helping them raise another fund and thus attract new institutional investors to the Russian market. Russia Partners III’s core competences, combined with the Fund’s hands-on and control-oriented investment strategy, will add value to the investee companies.

The client:

The Fund’s priority targets are Russia, Ukraine and Kazakhstan. The fund will provide expansion capital and buy-out financing across a broad range of key growing and mainly consumer-driven market sectors, including mass media, IT, financial services, retail, real estate, transportation logistics and communications infrastructure.

The fund will be managed by Russia Partners Capital III, LLC, which has one of the largest private equity presences in Russia, Ukraine and other CIS countries today with representative offices in Moscow, Kiev and Samara staffed by nearly 40 investment professionals. The Fund's sponsor, Siguler Guff & Company, LLC, is a multi-strategy private equity investment firm serving institutional and high-net-worth individual investors worldwide.

Russia Partners III will be a successor fund to the team’s four previous managed funds, including two funds with EBRD investment.

EBRD finance:

Up to USD 75 million.

Total project cost:

The target size of the fund is USD 750 million. The maximum size is capped at USD 1 billion.

Environmental impact:

The fund will follow the EBRD’s Environmental Procedures for private equity funds. In implementing these procedures, the fund will assess potential environmental issues associated with its investments, all of which are required to comply at a minimum with local/national health, safety and environmental standards, regulations and public consultation requirements.

Technical
cooperation:

None.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

Company contact:

Drew J. Guff, Managing Director
Siguler Guff & Company, LLC
825 Third Avenue, 10th Floor
New York, NY 10022
Tel: +1 (212) 332-5100
Fax: +1 (212) 332-5120
Email: drewg@sigulerguff.com

Vladimir Andrienko, Managing Director
Russia Partners Management, LLC
14 Stoleshnikov per., 2nd
Russia, Moscow, 103031
Tel: +7 095 2343095
Fax: +7 095 234 3099
Email: vandrien@rp.co.ru

EBRD contact:

Zulfira Akhmedova, Operation Leader: akhmedoz@ebrd.com

Business opportunities:

For business opportunities or procurement, contact the client company.

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com