Returnil to be Financed by VTB Venture Fund

VTB Capital, the investment arm of the VTB Group, continues its funding of Russian enterprises with a capital investment in Returnil, a leading provider of computer security and virtualization solutions. VTB will provide the financing through its RUB 3.061 million VTB Venture Fund, which was established in 2007 and is managed by VTB Asset Management.

Returnil (www.returnilvirtualsystem.com)
Returnil was founded in 2007 as a software developer offering security products for both home and business. Today their product line includes antivirus, network security, and computer virtualization software for personal, commercial, and corporate use. The company claims more than 100 worldwide partners as well as resellers and an online store. Their customer base includes individual users, small and large businesses, non-profit organizations, schools, government agencies, and OEMs.

Returnil is a privately held company with offices in Helsinki, Finland; St. Petersburg, Russia and Nanjing, China.

VTB Venture Fund (www.vtbcapital.com)
Formed in September 2007, VTB Venture Fund and is managed by VTB Asset Management. The fund focuses on investments into providers of indoor advertising and interactive marketing solutions. It arranges operations in the debt and equity markets, developing investments and global commodities operations.

VTB Venture Fund also manages and advises its clients.

The company has offices in Moscow, London and Singapore.

VTB Asset Management (www.vtb.ru)
Originally established in 1996, VTB Asset Management became part of the VTB Banking Group in 2006. The company’s activities include asset management of pension funds and insurance companies, asset management of mutual funds, individual asset management of private capital, and direct management of funds, venture capital investments and investments in real estate. VTB Asset Management is headquartered in Moscow.