Moscow-based private equity firm Quadro Capital Partners (QCP) has bought a minority equity stake in Forex Club, an online brokerage company that provides access to instruments for clients looking to trade FX, commodities and equities.
The investment will help the company to strengthen its position in the Russian language online FX markets and to pursue new business opportunities in both emerging and developed markets outside of the country.
“We are impressed by Forex Club’s strong growth, solid client base and its adherence to high-standards of client service,” said Giedrius Pukas, a managing partner at Quadro Capital Partners.
“We are confident that the company has the necessary skills and infrastructure to strengthen its key position in the Russian-speaking FX and CFDs trading sector, and to diversify its successful business model to become a full-scale trading and investment management intermediary for mass client segments in the emerging and developed markets.”
Quadro was established in 2009 and primarily targets investments in financial services, retail, consumer goods and services industries.
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