Invest-IQ

Troika Capital Partners, representing Troika Dialog Investments Limited, has sold its shares of AvtoVAZ to Renault. As part of the agreement, Renault will invest USD 1 billion into AvtoVAZ in an effort to enable the company to expand it line of vehicles and leverage the company’s other chief investor Russian Technologies. Both Renault and Russian [...]

Troika Capital Partners, managers of the Russian New Growth Fund, have become shareholders in SantaHouse. The fund purchased 25% plus 1 share of the hypermarket chain, however the value and amount of investment is unavailable at this time. However, with household goods one of the fastest growing sectors in the Russian economy, Troika Capital Partners [...]

Troika Capital Partners announced the purchase of a minority stake in URSA Bank. The Russia New Growth Fund, managed by Troika Capital now controls a 7.94 percent stake in the company. The shares previously belonged to SM Capital Group, which now controls only an 11 percent stake. Chairman of the Board Igor Kim retains the [...]

Russian New Growth Fund held its final closing, reaching US $345 million. The fund, managed by Russian private equity firm, Troika Capital Partners beat its original target by 15 percent. Launched in January of 2006, the fund has successfully secured 18 different investors from all over the world. Of the committed funds, 68 percent come [...]

Russian state arms dealer Rosoboronexport has sold its 17 percent stake in carmaker AvtoVAZ to the country’s largest investment company, Troika Dialog. Rosoboronexport took over management of the firm in 2005 and has worked to eliminate the plant’s cross-ownership. With Troika’s acquisition, they plan on converting the company’s subsidiaries’ 66.5 percent of the voting shares [...]