The fund makes direct investments in ex-USSR countries into industrial and mining enterprises, commercial real estate and infrastructure development.

Investment criteria and limitations:

  • projected investment horizon till recovery or exit – 3 years
  • no political risks: any restructuring need should be of economic origin
  • no contact with industries or persons subject to sanctions of any country.
  • when investing into debt obligations, purchase for ready money is only possible for claims confirmed by the debtor or a court decision in full legal effect
  • financial obligations of natural persons may not be an investment object

We may consider syndication with other investors.