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US private equity founder released from Russian house arrest over embezzlement charges

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Baring Vostok Capital Partners founder Michael Calvey has been released from more than 18 months of house arrest in Russia by the country's supreme court.

Baring Vostok’s Calvey to remain under house arrest – report

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A court in Moscow has reportedly ordered for Baring Vostok Capital Partners founder Michael Calvey to remain under house arrest following charges of embezzlement.

US private equity veteran Michael Calvey detained in Russia amid fraud investigation

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Baring Vostok Capital Partners founder Michael Calvey is being held in detention in Moscow in connection with a fraud investigation involving one of the firm's portfolio companies.

Baring Vostok leads $40m Series B in Russian car broker CarPrice

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Russian private equity firm Baring Vostok Capital Partners has led a $40m Series B round in online used car broker and auctioneer CarPrice.

Baring Vostok in talks to sell Ozon stake to Sistema

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Baring Vostok Private Equity is reportedly in talks to exit e-commerce company Ozon to Russian conglomerate Sistema.

TCS Bank aims to raise more than $1bn in IPO

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Russian entrepreneur Oleg Tinkov’s credit card business TCS is reportedly planning to raise around $1.1bn in its upcoming London IPO.

TCS Bank sets IPO price range at $14 to $17.50

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Russian entrepreneur Oleg Tinkov’s banking business TCS Group Holding will float $870m worth of shares in its upcoming London IPO.

TCS Bank looks to raise $750m via London IPO

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Russian entrepreneur Oleg Tinkov’s credit card business TCS Group Holding is looking to raise $750m via an IPO in London.

VTB Capital appoints chief economist for Russia

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Russian investment firm VTB Capital has hired Vladimir Kolychev as chief economist for the Russian region. He was formerly head of research at Rosbank.

VTB Capital becomes Russia’s largest private equity investor

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VTB Capital topped Baring Vostok to become the largest private equity investor in Russia despite having raised no funds from LPs.

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Deal Roundup: Staples sells DEX to Gamut, American Pacific backs CF Stinson

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StepStone leads $762m secondaries deal for MLC private equity fund, co-invest stakes

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Strattam Capital pushes AUM past $1bn with third flagship tech fund close

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Tech investor Strattam Capital has brought its assets under management to more than $1bn with the final close of its third flagship fund.

bValue eyes Polish growth equity gap with new €90m fund

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Polish tech investor bValue has beaten its target for its third fund thanks to a €90m final close - a big increase on its previous fundraises.

Deal Roundup: Ardian sells Audiotonix stake to PAI, Main exits Enovation to Legrand

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PAI Partners has bought a majority stake in audio mixing console specialist Audiotonix from investment house Ardian. Ardian will remain a minority investor in...

HarbourVest leads €350m continuation fund for GreenPeak Partners Fund II portfolio pair

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HarbourVest Partners has led the first continuation fund from DACH buy-and-build specialist GreenPeak Partners, which has raised a total of €350m.

GEF strikes $325m final close for second US climate change, pollution mitigation fund

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Climate change and pollution mitigation-focused investor GEF Capital Partners has beaten its target for its second fund through a $325m final close.
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