MD Medical Group raises $311 million in London listing

Reuters 12 October 2012 Russian private healthcare provider MD Medical Group’s (MDMGq.L) London listing got off to a smooth start, with its global depositary receipts trading at a 3 percent premium to their issue price on the first morning. MD Medical Group said...

Russia gives a boost to side-by-side investment fund

ft.com Beyond BRICS 25 September 2012 The Kremlin is on a charm offensive to persuade international investors to take a second look at Russia. But given the almost universal skepticism and Russia’s appalling investment image the Kremlin has eschewed words, plumping...

Roman Abramovich’s latest winner? It’s rocket science

The Times 12 October 2012 Britain’s best known Russian oligarch is set to transform the fortunes of a small Surrey green energy company which has borrowed the Nasa technology that put rockets on the moon more than 40 years ago. Roman Abramovich, industrial tycoon and...

Bright Capital funds fotoshkola.net for international expansion

East-West Digital News 4 October 2012 Bright Capital, the international venture investment arm of Russian billionaire Mikhail Abyzov, has invested “from $3.5 million to $4 million” in exchange for a minority stake in Fotoshkola.net, RBC Daily reported earlier this...

Aurora invests $1 million in 3D interior design startup

East-West Digital News 4 October 2012 Russian venture fund Aurora Venture Capital has invested 30 million rubles, or a little less than $1 million, in Apartama.ru, a Moscow-based online retailer of furniture, house appliances and interior design items. The deal was...

Delivery Club raises $4 million from Addventure

East-West Digital News 2 October 2012 Moscow-based online food ordering company Delivery Club announced last week it has completed a $4 million second round of financing from its existing investor Addventure, a major Russian venture fund. The funds will be invested in...