EBRD to Invest $30 Million in Almaz Capital Russia Fund I
January 3rd, 2010 | by rarzi |
The European Bank for Reconstruction as well as Development (EBRD) has concluded to deposit up to $30 million in Almaz Capital Russia Fund I, a Moscow as well as Silicon Valley-based try collateral account managed by Almaz Capital Partners, a bank announced upon a corporate web-site. The account was shaped in Jul 2008, when it finished an primary shutting with a $30 million anchor investment from Cisco. The fund’s categorical concentration is upon a telecoms, digital media as well as communications industries in sectors trimming from program as well as internet services to semi-conductors, clean-technology as well as pick energy.
Almaz Capital Partners is managed by Alexander (Sasha) Galitsky as well as Peter Loukianoff. The fund Almaz Capital Russia Fund I has invested in web-based ERP as well as monetary program association Acumatica, mobile amicable network provider Apollo Project, virtualization as well as automatization program businessman Parallels, as well as poke engine Yandex.
The EBRD has commited over $1 billion to thirty Russia-focused supports given 1993.
Source:http://feedproxy.google.com/~r/quintura/comblog/~3/gPDR7T8HiwA/
