LetterOne

LetterOne Holdings S.A. is a private equity and venture capital firm established in 2013 and based in Luxembourg, with additional offices in London. The firm focuses on value-driven investments in the energy and technology sectors, primarily through its business units L1 Energy and LetterOne Technology. It aims to invest in companies with transaction values exceeding $1 billion, specifically targeting sectors such as oil and gas, telecommunications, and technology. LetterOne's investment strategy includes participation in distressed and turnaround situations, as well as operational improvements and strategic input for its portfolio companies. The firm manages its liquidity through LetterOne Treasury Services and has assets under management totaling approximately $29 billion. It invests globally, with particular attention to markets in Russia, the United States, and Europe, while also considering opportunities in Latin America. LetterOne does not adhere to fixed investment timelines, seeking returns through dividend income and capital gains.