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US Delta launches $100m fund for Russia
Delta Capital is to launch its first private equity fund in Russia with an initial target of $100m. The firm hopes to hold an initial closing for its targeted $100m fund at the end of the year. Delta already manages the US government-backed US Russia Investment Fund, but this is its first independent venture into the Russian private equity market.
Eastern & Central Europe: January 2002
The Polish government is set to promote private equity and Baring Vostok closes its latest fund.
Funds: January 2002
Latest Walden fund misses target, first closing for HSBC Europe fund, ProVen raises $64m after two-year effort, Hicks Muse closes fund way off target, Advent secures $2bn for global fund