Eagle Venture Partners with its Eagle Russia Fund and Troika Capital Partners’ Russia New Growth Fund have made investments into Protein Technologies and Ingredients Group (PTI).
The private equity funds have given USD 18 million to the Russian food ingredient producer and distributor. The funds are designed to finance new business development projects as well as reduce the company’s dependence on foreign imports in an effort to expand its position as a market leader in Russia and the surrounding region.
Protein Technologies and Ingredients Group
PTI supplies the Russian and CIS markets with ingredients for the food industry. The company directs one of the largest production and distribution operations in Russia and Kazakhstan. Its strong market position in the food sector allows for the expansion of the company within the region, while maintaining its high quality procedures.
Troika Capital Partners (www.troika.ru)
Troika Capital Partners operates the private equity investment vehicle Russia New Growth Fund, L.P. The fund was launched in 2006 with Troika Dialog and Singapore’s largest financial firm, Temasek Holdings. The fund focuses on mid-market buyouts and supplying growth capital to consumer-related sectors. Consumer goods and services, financial services, media and entertainment as well as retail and distribution are the primary focuses of Troika Capital Partners. The Russia New Growth Fund was capped in 2007 with USD 345 million. TCP has offices in London and Kiev.






June 30, 2008
Central & Eastern Europe, Investment, Private Equity News, Russia