500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.

Sierra Ventures is a venture capital firm based in San Mateo, California, that focuses on early-stage investments in Next Generation Enterprise and Emerging Technologies. Founded in 1982, the firm manages over $2 billion in assets and has built a robust network of successful entrepreneurs and industry experts. Sierra Ventures primarily targets Seed and Series A funding rounds, often leading investments and reserving capital for follow-on rounds. The firm invests in B2B technology sectors, including artificial intelligence, machine learning, big data, cloud computing, fintech, healthcare technology, IoT, and various emerging technologies such as 5G, blockchain, and robotics. Typical initial investments range from $500,000 to $7 million, with total investments in portfolio companies averaging between $2 million and $15 million over the investment's lifecycle. The firm has a global investment strategy but currently emphasizes opportunities in North America while maintaining interest in markets like Israel and China.

Almaz Capital is an international venture capital firm based in Silicon Valley that specializes in investing in early-stage, capital-efficient technology companies. Founded in 2008, the firm aims to connect Eastern European and former Soviet engineering talent with the U.S. market, facilitating the development of global businesses. Almaz Capital targets high-growth sectors, including artificial intelligence, blockchain applications, data engineering, cybersecurity, industrial IoT, and networking infrastructure. The firm has a diverse group of investors, including prominent organizations such as Cisco and the European Bank for Reconstruction and Development. Over the years, Almaz Capital has invested in more than 30 portfolio companies and achieved nine successful exits.

The Russian Direct Investment Fund (RDIF) is a government-backed investment vehicle established to stimulate foreign direct investment in Russia's emerging economy. With a capital base of $10 billion, RDIF focuses on making equity investments primarily within the Russian market. The fund targets various sectors, including agriculture, construction, logistics, aerospace, power, and pharmaceuticals, aiming to foster growth and development across these industries. By attracting foreign investments, RDIF seeks to enhance the overall economic landscape of Russia while providing opportunities for international investors.

Sistema Venture Capital is the venture capital arm of AFK Sistema, established in 2016 and headquartered in Moscow, Russia, with an additional office in London, United Kingdom. The firm specializes in investing in growth-stage technological companies and early-stage startups, primarily focusing on sectors such as artificial intelligence, machine learning, cognitive technologies, software as a service (SaaS), platform as a service (PaaS), internet of things, and virtual and augmented reality. Sistema Venture Capital aims to acquire both minority and controlling stakes, typically investing around $10 million in projects, to help establish market leaders within three to five years. The firm emphasizes its commitment to backing innovative internet and technology companies while avoiding investments in ventures where founders have lost control. Its investment strategy is global, targeting markets in the US, UK, Western Europe, Russia, Israel, and other CIS nations. Through its extensive network and expertise, Sistema VC provides support and mentorship to entrepreneurs, connecting them with valuable professionals and prospective partners.

Elbrus Capital is a private equity and venture capital firm based in Moscow, specializing in investments in early-stage, middle-market, and growth-oriented companies primarily in Russia and the CIS region. With a focus on sectors such as digital services, consumer goods, outsourcing, and healthcare, the firm aims to support businesses seeking significant growth and consolidation opportunities. Since its inception in 2007, Elbrus Capital has made over 90 acquisitions, investing between $30 million and $100 million in companies valued at $50 million to $100 million. The firm typically seeks significant minority stakes or controlling interests in its portfolio companies, which span various industries, including technology, media, and consumer services. Elbrus Capital's investment horizon generally ranges from three to seven years, emphasizing partnerships with ambitious entrepreneurs to enhance business development.

Softline Venture Partners is a corporate venture fund established in 2008 as part of Softline Group, focusing on seed-to-early-stage investments in software technology companies within the Russian and CIS markets. The fund has invested approximately $20 million in 20 portfolio companies, with individual project investments ranging from $100,000 to $1 million. As a stage-agnostic investor, Softline Venture Partners engages with businesses across various technology sectors, including cybersecurity, cloud computing, Big Data, Artificial Intelligence, Internet of Things, and Edge Computing. The extensive reach and capabilities of Softline Group, which operates in 50 countries and serves over 60,000 customers, provide unique opportunities for its portfolio companies to scale their business models and enhance sales through established sales channels worldwide.

Horizon Capital is a private equity firm established in 2006 and headquartered in Kyiv, Ukraine, with an additional office in Chicago, Illinois. It specializes in buyouts, growth capital, and expansion investments, primarily focusing on later-stage opportunities in small and mid-cap companies. The firm invests in various sectors, including light manufacturing, information technology, financial services, fast-moving consumer goods, and e-commerce, with a particular emphasis on industry leaders and companies with consolidation potential. Horizon Capital manages four funds with assets exceeding $850 million and is backed by over 40 institutional investors. The firm actively seeks to partner with visionary entrepreneurs and aims to generate value through governance and operational improvements. Investments typically range from $5 million to $20 million, with a preference for acquiring control stakes, though minority interests are also considered. Horizon Capital generally seeks to exit its investments within three to five years via trade sales or initial public offerings. With a team that boasts over 75 years of regional investment experience, the firm is committed to integrity, transparency, and successful value creation.

VEB Ventures fund was established by Vnesheconombank at the end of 2011 to invest in high technology projects of the Skolkovo Foundation. Key strategic goals of the Fund include support of the Russian government´s innovation programs, creation of innovation infrastructure in Russia, facilitation of advanced technologies transfer to Russia, and promotion of Russian innovations on the global market.

Bancroft 2 is a buyout fund managed by Bancroft Private Equity, a firm established in 1989 and based in Vienna. Launched in November 2002, Bancroft 2 expanded its investment scope to include Eastern Europe and Turkey, focusing on mid-market opportunities within sectors such as commercial products, consumer durables, industrials, and technology, media, and telecommunications (TMT). The fund was part of a strategic initiative following the firm's early activities in mergers and acquisitions and the subsequent establishment of its private equity investment approach in the region.

Bright Capital is a venture capital firm founded in 2010, originally based in Moscow, Russia. The firm adopts a merchant venturing approach and invests globally across various stages, including early-stage and late-stage ventures, as well as growth equity. Bright Capital focuses on breakthrough and disruptive technology companies, with a diverse portfolio that includes investments in energy, cleantech, efficiency, water, and advanced materials. Additionally, the firm engages in the telecom, media, and technology sector through its dedicated Digital fund.

SEAF is an investment firm that focuses on providing growth capital and operational support to businesses in emerging markets, particularly those underserved by traditional financing sources. Founded in 1989 in Washington, District of Columbia, as a private equity subsidiary of the development organization CARE, SEAF aims to foster economic development by investing risk capital in locally owned enterprises with high growth potential. The firm operates in 18 countries, with a notable presence in Central and Eastern Europe, Asia, and Latin America. SEAF makes structured debt and equity investments and emphasizes creating measurable development impacts in local communities. Its investment strategy includes targeting diverse sectors such as tourism, healthcare, IT, and agriculture, while also focusing on themes like energy, diversity and inclusion, and employment. SEAF seeks to partner actively with entrepreneurs, leveraging its extensive network to enhance business success and deliver attractive returns to its investors.

Fortyone AG is a private equity investment firm based in St. Gallen, Switzerland, specializing in participations in non-listed companies. The firm takes an active investment approach, focusing on opportunities where they can contribute not only financial resources but also their knowledge, experience, and networks. To implement this "smart money" strategy effectively, Fortyone AG typically seeks involvement with the Board of Directors of its portfolio companies, allowing them to have a meaningful influence on corporate governance and development. The extent of their participation is determined by the specific needs of each investment, aligning their support with the goals of the companies they invest in.

Simest is a financial firm focused on the development and promotion of Italian enterprises abroad. Simest acquires up to 49% of the equity capital of foreign firms in countries outside the European Union, whether wholly-owned by Italian companies or set up as joint ventures with local partners. It also provides start-up and growth capital financing as well as participating in buyouts. Geographically it invests in non-EU countries, focusing on BRIC, Americas and Middle-East. Simest also provides Italian companies seeking to internationalize their businesses with technical assistance and advisory services. Simest is a member of the European Development Finance Institutions (EDFI) and the Italian Venture Capital and Private Equity Association (AIFI).

ZGI Capital is a private equity and venture capital firm based in Riga, Latvia, established in 2005. The firm specializes in investments across various stages, including seed/startup, early venture, and growth capital, with a particular focus on the Fintech sector. It primarily targets opportunities within the Baltics and CIS countries, investing amounts ranging from €0.5 million to €1 million, and potentially up to €5.7 million with additional financing. ZGI Capital typically takes minority stakes, holding up to 49% equity, and may also provide loans under certain circumstances. The firm's investment horizon spans three to six years, with exits achieved through the sale of stakes to other investors. ZGI Capital manages the "ZGI fund," which supports entrepreneurs in need of start-up capital and has a total asset pool of €7.4 million, allowing it to finance projects up to €30 million when combined with bank financing. The firm does not engage in sectors such as synthetic fiber manufacturing, transportation, agriculture, or retail trade.

UAB NDX Energija private investment firm specializing in small to mid-cap size investments in fast moving consumer goods. It prefers to invest in pet foods sector. It seeks to invest in companies based in Central and Eastern Europe, United States and Canada. The firm typically invests between €10 million ($11.3 million) and €50 million ($56.51 million) in companies with enterprise values between €20 million ($22.6 million) and €150 million ($169.52 million); sales values between €25 million ($28.25 million) and €150 million ($169.52 million); and EBITDA between €2 million ($2.26 million) and €15 million ($16.95 million). It generally invests through its balance sheet investments. UAB NDX energija was founded on April 29, 2003 and is based in Vilnius, Lithuania.

Fastlane Ventures is a Russian company focused on the development, launch and promotion of innovative internet businesses. Founded in 2010 by a team of experienced entrepreneurs with a track record of successful investments, the company has launched 20 internet start-ups to capitalize on the increasing demand for online services and growing appetite for investment in the Russian internet market by Western and Russian investors. The company has attracted more than $85 million from international investment funds. Key strategic investment partners of Fastlane Ventures are Direct Group, e.ventures and VTB Capital. Among the investors of the company also Intel Capital, Kinnevik, Mangrove Capital, ru-Net, UMJ Russia, and some others to launch companies across the online retail, travel, relationship, health and recruitment areas. The strategic focus of Fastlane Ventures is to target business-to-consumer niche markets with low levels of competition. The Company's aim is to anticipate the not yet satisfied needs of Russian customers. Fastlane Ventures acts as both an operational and investment partner at the same time. It is the sole Russian company that provides an initial seed investment in addition to having a hands-on operational role with its businesses through its team of high calibre professionals. To launch its business quickly and effectively, Fastlane Ventures has adopted proprietary solution called Fast 50, which enables a new venture to launch in just 50 days and ensures an efficient path between launch and exit. Fastlane Ventures has established a team of highly regarded professionals, who possess unique knowledge and expertise in management, entrepreneurship, e-commerce, business development, marketing and PR, investment generation, HR management, web design and much more. Once the new business venture is operating effectively, Fastlane Ventures helps its investment partners realize their investment return through the sale of the business to other strategic investors. This usually takes place approximately 2-3 years after the initial business launch. For more information about Fastlane Ventures and its portfolio companies, please visit http://fastlaneventures.ru/en/

Belarusian Innovation Fund is a private equity and venture capital arm of the Republic of Belarus specializing in investments in middle market, later stage, seed, early, mid and late ventures, buyouts and emerging growth companies. The financing tools include acquisition and subsequent alienation of debt securities of issuers of legal entities - target companies (convertible bonds, notes, bills); acquisition and subsequent alienation of shares (stakes, shares) in the authorized (collateral) capital of legal entities - target companies; provision of loans subject to participation in the capital of the target company; and provision of convertible loans. It prefers to invest in all innovation industries with a focus on the scientific and technological sector, energy, healthcare, agricultural, microelectronics, ecology, and biotechnology sectors. It seeks to make investments in companies registered in Belarus, Russian Federation and in the Commonwealth of Independent States (CIS). The firm prefers to invest up to RUB150 million ($2.5 million) in its portfolio companies whose revenues for the past year are less than RUB10 million ($0.15 million). Belarusian Innovation Fund was founded in 1998 and is based in Minsk, Belarus.

IFU is a venture capital and private equity firm based in Copenhagen, Denmark, that specializes in providing equity, mezzanine financing, loans, and guarantees to projects in developing countries. Established in 1967, IFU focuses on creating and financing new businesses, joint ventures between Danish companies and local partners, and acquiring existing ventures. The firm primarily invests in sectors such as commercial services, biofuels, renewable energy, and irrigation systems, with a particular emphasis on climate and agribusiness. Investments are targeted at countries with a low gross national income per capita, as defined by specific criteria, and include regions across Africa, Asia, Europe, and Latin America. IFU typically invests between DKK 0.5 million and DKK 100 million and often seeks co-investment opportunities with Danish firms. The firm also supports small and medium-sized enterprises and provides advisory services for business investments in developing markets. With a preference for board membership, IFU aims to exit investments within five to seven years, ensuring a positive return for its stakeholders.

AVG Capital Partners is a venture capital and private equity firm established in 2007, headquartered in Limassol, Cyprus, with an additional office in Moscow, Russia. The firm specializes in direct and fund of fund investments, focusing primarily on the agro-industrial sector across Central and Eastern Europe, including countries such as Belarus, Moldova, Ukraine, and several others in the region. AVG Capital Partners invests in startups and companies at various stages, including seed, series A, series B, and buyouts, with a particular emphasis on the agricultural industry and related sectors such as fintech, e-commerce, and renewable energy. The firm typically seeks to invest a minimum of $1 million and prefers to take a majority stake in the companies it backs. AVG Capital Partners aims to exit its investments through IPOs, private placements, or sales to strategic investors within a three to seven-year timeframe. Additionally, the firm engages in co-investments in poultry production.

Black River Ventures (BRV) is committed to supporting passionate entrepreneurs who build disruptive, world-changing companies. We believe that only exceptional and capable teams can turn great ideas into outstanding businesses. Black River Ventures is investing into innovative companies across the European technology space, primarily in the IT and Internet segments. We are convinced that the European online audience of 400M+ people, the second largest market after China, provides appealing opportunities for Europe-born global companies. We partner with early and growth stage visionary companies aiming to become industry leaders. Our mission is to provide smart capital for long-term growth by leveraging the collective experience and expertise of the BRV team based in the EU and US.

Baring Vostok Capital Partners is a private equity and venture capital firm established in 1994 and headquartered in Moscow, Russia, with additional offices in Limassol, Cyprus, and Guernsey, Channel Islands. The firm focuses on investing across a range of sectors, including natural resources, telecommunications, media, utilities, construction materials, specialty manufacturing, real estate, and technology. Baring Vostok engages in various investment strategies, such as early venture funding, acquisitions, buyouts, and growth capital, targeting medium-sized enterprises in Russia and the Commonwealth of Independent States (CIS). The firm is known for its significant involvement in the energy, software, and consumer services sectors, and typically prefers investments ranging from 30 million to 200 million, focusing on companies with enterprise values between 100 million and 200 million.

Altair LLC is a venture capital firm that focuses on investing in early and growth stage startup companies across various sectors. The firm seeks out businesses with disruptive ideas and significant return potential, aiming to support promising teams and key players in the startup ecosystem. Altair's portfolio includes notable companies that have emerged from top incubators, highlighting its commitment to fostering innovation and entrepreneurship. Through its strategic investments, Altair LLC plays a vital role in nurturing the next generation of industry leaders.

Incofin Investment Management is a private equity firm based in Wilrijk, Belgium, that specializes in investing in microfinance institutions (MFIs) and small to medium enterprises (SMEs) in developing countries. The firm focuses on providing financial services, including credit, savings, and insurance, to underserved populations, particularly in rural areas and the agricultural sector. Incofin IM typically makes debt, equity, and guarantee investments, while ensuring it does not become a majority shareholder in the MFIs it supports, thus participating actively in governance. It primarily targets investments in regions such as Sub-Saharan Africa, Central Asia, and Southeast Asia, with a commitment to investing at least 25% in African, Caribbean, and Pacific countries. The firm has a strong emphasis on financial inclusion, seeking to enhance access to financial services for smallholder farmers and those involved in agricultural value chains. With 15 years of experience in impact investing, Incofin IM aims to create positive social outcomes alongside financial returns.

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution founded in 1999 and headquartered in Thessaloniki, Greece. Established by 11 countries in the Black Sea region, the bank aims to promote economic development and cooperation among its member states, which include Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB provides a range of financial services, including project finance loans, corporate loans, credit lines, equity investments, and trade financing products. It also offers specialized financial services such as guarantees, microfinance, venture capital, and technical assistance funds. Targeting various sectors such as energy, transport, manufacturing, telecommunications, and agribusiness, the bank plays a crucial role in supporting the growth of small and medium enterprises and enhancing regional economic integration.

United Capital Partners is a private equity firm based in Moscow, specializing in growth stage investments in small and medium-sized enterprises within Russia and the Commonwealth of Independent States. Founded in 2006 by Ilya Sherbovich and partners, UCP manages assets exceeding three billion US dollars, focusing on key sectors such as oil and gas, consumer goods, financial services, infrastructure, IT, and engineering. The firm seeks to capitalize on opportunities through investments and may consider recapitalization or partial sales to strategic buyers. United Capital Partners aims to exit its investments typically via an IPO within three to five years, demonstrating a commitment to effective investment strategies even in volatile market conditions. With a team of around 60 specialists, UCP has established itself as one of the largest financial investment groups in Russia.

The Sputnik Group, Advisory Arm provides financial advisory services. It offers mergers and acquisitions advisory and strategic transactions consulting services. Additionally, the firm provides operational management, strategy development, and operational control services. The Sputnik Group, Advisory Arm is based in Moscow, Russian Federation. The Sputnik Group, Advisory Arm operates as a a subsidiary of The Sputnik Group.

Alcazar Capital Limited is a private equity firm based in Dubai, specializing in buyout investments across various sectors, including telecom infrastructure, fintech, energy, healthcare, logistics, real estate, and education. The firm focuses on emerging markets in Sub-Saharan Africa, the MENA region, South East Asia, India, and the Commonwealth of Independent States, while also investing in developed markets. With a portfolio that exceeds $1.0 billion in assets under management, Alcazar Capital typically seeks to acquire a majority stake in its portfolio companies. Additionally, the firm offers financial advisory services to smaller organizations and manages client-focused investment portfolios. Established in 2007, Alcazar Capital employs a combination of fundamental and quantitative analysis, along with in-house research, to guide its investment strategies.

NCH Capital Inc. is a private equity and venture capital firm established in 1993 and headquartered in New York. The firm focuses on various investment strategies, including incubation, growth capital, and turnaround investments, particularly in emerging markets. NCH Capital specializes in sectors such as consumer products, financial services, real estate, and agribusiness, including agricultural land and related infrastructure. The firm primarily targets investments in Eastern Europe, including countries like Ukraine, Russia, and Romania, as well as in Brazil's public equity markets. NCH Capital typically seeks both control and minority stakes in its portfolio companies and prefers to take active roles, often securing board seats. With additional offices across Europe, Asia, and South America, NCH Capital aims to leverage local opportunities through its diverse investment strategies.

Winno Moscow, previously known as NumaMoscow, is a venture capital firm and accelerator based in Moscow, Russia. It focuses on both direct and indirect investments, emphasizing incubation, seed, startup, middle market, and recapitalization investments. The firm specializes in venture capital fund investments and primarily targets B2B startups across various sectors, including retail technology, fintech, edtech, HR technology, health technology, property technology, augmented and virtual reality, artificial intelligence, and media technology. Winno Moscow operates a six-month accelerator and growth program, offering seed funding of up to €25,000. The firm typically invests amounts ranging from $10,000 to $20,000 and aims to acquire a 10 percent equity stake in its portfolio companies. Its investment focus extends across Russia, the CIS, and Eastern Europe.

Fiera Capital (Asia) operates through Clearwater Capital Partners, an investment firm specializing in private equity, distressed debt, and credit investments focused on companies across the Asia region. The firm offers investors access to a diverse range of special-situation investments in both public and private debt or equity, particularly targeting small-to-medium-sized enterprises that often face capital constraints. By assisting these companies with financial and operational restructurings, Clearwater Capital has established itself as a trusted partner to banks, brokers, and other business intermediaries in the region. Following its merger with Fiera Capital in August 2018, Clearwater Capital manages approximately $1.4 billion in assets, contributing to Fiera Capital's broader portfolio, which exceeds $111 billion in traditional and alternative assets.

Prometheus Capital Partners is a private equity firm that focuses on investing in middle market companies, primarily in Russia and other former-Soviet republics. The firm has a broad investment mandate that includes various industries, with particular emphasis on retail and other services, food production, and consumer-related manufacturing. Prometheus typically targets companies with revenues exceeding $50 million and aims for an average deal size of around $50 million. The firm generally seeks to exit its investments within a timeframe of four to seven years. While its primary focus is on Russian companies, Prometheus may consider investments in other CIS countries on an exceptional basis. The firm is headquartered in Moscow, Russia.

Xevin Investments offer include investment and advisory services. The fund is interested both in companies and projects in the initial phase of development, unable to achieve further business goals due to insufficient capital, and in thriving companies in need of additional investment to achieve their milestones in the pursuit of competitive advantage.

EMF Capital Partners Limited is a private equity firm established in 2012, headquartered in London, with additional offices in Moscow, Istanbul, and Kiev. The firm specializes in investments in financial institutions, particularly within the insurance sector, which includes both life and non-life insurers. EMF Capital focuses on emerging markets, targeting primarily Europe, Asia, and Africa, with specific interest in countries such as Albania, Armenia, Azerbaijan, Georgia, Moldova, Russia, Ukraine, Belarus, Turkey, Serbia, Macedonia, Bosnia, Kosovo, and Montenegro. The firm typically invests between $5 million and $20 million in its portfolio companies, aiming to acquire a majority stake. Its mission is to create a platform that connects capital consumers in emerging markets with capital providers in developed markets.

Russia Partners Management, LLC is a prominent private equity firm founded in 1991, specializing in a wide array of investment strategies including early venture, middle market, and turnaround investments. With over $1 billion in assets under management, the firm primarily focuses on sectors such as consumer goods, healthcare, industrials, technology, and financial services. It targets investments in the CIS region, particularly in Russia and neighboring countries, seeking opportunities that range from $5 million to $50 million. The firm typically pursues control or significant minority positions and may take board seats in its portfolio companies. Since its inception, Russia Partners has invested in more than 60 companies, including notable names like MTV Russia and EPAM Systems. Its team of about 20 specialized investment professionals combines local market expertise with advanced Western education, enabling the firm to attract institutional investments from the U.S. and abroad. As a wholly-owned subsidiary of Siguler Guff & Company, LP, Russia Partners emphasizes long-term partnerships with entrepreneurs, providing not only capital but also strategic insights to foster growth and sustainability.

UFG Private Equity is a private equity and venture capital firm based in Moscow that specializes in growth capital, leveraged buyouts, and mezzanine financing for small and medium-sized companies in Russia and the Commonwealth of Independent States (CIS). Founded in 2005, the firm focuses on sectors such as healthcare, business processes outsourcing, telecommunications, technology, consumer staples, and retail, although it is not restricted to specific industries. UFG Private Equity typically invests between $15 million and $75 million in companies generating total revenues of $20 million to $400 million, seeking to acquire a majority stake of at least 25%. The firm generally aims to exit its investments within three to five years. With total investments and commitments exceeding $712 million across its funds, UFG Private Equity also offers co-investment opportunities for larger deals. It operates as a subsidiary of UFG Asset Management, which provides a broader range of asset management services in the region.

Pharmstandard Ventures is the venture capital arm of PJSC Pharmstandard specializing in early stage biopharmaceutical start-ups. It primarily invest in drug discovery, therapeutic areas and oncology. The firm would normally consider in-licensing opportunity for the territory of Russia/ CIS, Ukraine, Kazakhstan, Belarus, Uzbekistan, Turkmenistan, Azerbaijan, Georgia, Armenia, Kyrgyzstan, Tajikistan and Moldova. The Pharmstandard Ventures is based in Moscow, Russia.

Ethemba Capital is a private equity firm specializing in growth markets.

VTB Capital, Private Equity and Special Situations is a private equity arm of VTB Capital plc, specializing in buyouts, mature and emerging growth investments. The firm seeks to invest in infrastructure and real estate. It seeks to invest in consumer driven industries, health, finance, TMT, media, transportation, food retail and business segments. It seeks to invest in Russia and other CIS countries. It primarily would invest minimum of 60 per cent and a maximum of 80 per cent in Russia and will invest a minimum of 20 per cent and a maximum of 30 per in Kazakhstan. The investments into other CIS countries will be less than 15 per cent and will be limited to pre-IPO minority stakes in vertically integrated agricultural enterprises. It typically invests between $25 million and $75 million in companies with turnover between $50 million and $500 million. The firm always co-invests and takes controlling or significant minority stakes in portfolio companies. It exits through public listings or trade sales, normally over a period of three to five years. VTB Capital, Private Equity and Special Situations was founded in 2008 and is based in Moscow, Russian Federation.

Coatue Management is a private equity and hedge fund firm founded in 1999 and headquartered in New York City. The firm specializes in early-stage investments and employs a long/short investment strategy primarily in the technology, media, telecommunications, and financial technology sectors, among others. Coatue focuses on both public equity markets globally and private equity investments, including buyouts and growth capital. As a Registered Investment Adviser, Coatue seeks to leverage its expertise to identify and capitalize on opportunities in various sectors, aiming for majority stakes in its investments.

TPG Capital, L.P. is a prominent private equity and venture capital firm founded in 1992 and based in Fort Worth, Texas, with additional offices across Europe, Asia, and North America. The firm specializes in a diverse range of investment strategies, including incubation, growth capital, and turnaround investments, focusing on sectors such as technology, healthcare, industrials, and consumer goods. TPG distinguishes itself by providing unique insights and operational capabilities to companies undergoing significant changes or challenges. The firm manages various funds, including those dedicated to real estate and healthcare, and has a notable presence in Asia, leveraging its deep knowledge and relationships in the region. TPG typically invests in companies with market valuations exceeding $300 million, seeking equity stakes ranging from minority to majority positions. With a commitment to creating value through strategic investments, TPG aims to navigate complex investment landscapes while fostering growth in its portfolio companies.

Point Nine Management GmbH, also known as Point Nine Capital, is a venture capital firm based in Berlin, Germany, specializing in early-stage investments primarily in the internet sector. Established in 2009, the firm focuses on areas such as Software-as-a-Service (SaaS), online marketplaces, and mobile technologies. It typically invests between €0.1 million and €1.5 million in startups, with the potential to increase total investments to €3 million over the lifetime of its holdings. Point Nine Capital aims to take minority stakes in companies and often collaborates with business angels and other venture capital firms. The firm has a global investment outlook, targeting markets across Europe, North America, and parts of Asia, and has a track record of supporting successful companies like Delivery Hero, Clio, and Zendesk from their inception.

RTP Global is an international venture capital firm founded in 2000 by Leonid Boguslavsky, originally as ru-Net. Based in Russia, the firm specializes in early-stage investments in technology companies, with a notable portfolio that includes over 50 successful ventures worldwide. RTP Global has been instrumental in supporting major European technology firms, such as Yandex and Delivery Hero, and focuses its investments predominantly in the US, Europe, and India. The firm offers extensive industry expertise and resources to entrepreneurs, partnering closely with founders to optimize business operations. RTP Global's investment interests span various sectors, including artificial intelligence, FoodTech, HealthTech, MediaTech, mobility, transportation, PropTech, FinTech, and e-commerce. The firm maintains offices in Moscow, New York, and Bengaluru, enabling it to leverage a global network to foster growth in its portfolio companies.

The European Bank for Reconstruction and Development (EBRD) is an investment firm established in 1991 to support the development of market economies and democracies in Central and Eastern Europe and Central Asia. As the largest single investor in the region, the EBRD focuses on private enterprises, investing primarily in minority equity positions and participating in private equity funds that target medium-sized companies seeking expansion. The firm mobilizes significant foreign direct investment and provides project financing for a variety of sectors, including banking, industry, and municipal services. It collaborates with publicly owned companies to facilitate privatization and restructuring efforts. The EBRD operates in countries committed to democratic principles and emphasizes strong corporate governance and environmental respect in all its investments. With a portfolio exceeding €130 billion across over 5,200 projects, the EBRD has also extended its financing initiatives to the Middle East and Africa, leveraging its expertise to foster economic growth and transformation.

Bessemer Venture Partners is a $4 billion venture capital firm founded in 1911 and based in California, specializing in investments across consumer, enterprise, and healthcare sectors globally, from seed stage to growth. The firm supports founders by providing guidance and resources, starting with seed and Series A investments and maintaining involvement throughout the development of their companies. Bessemer has a diverse portfolio, having funded early-stage companies such as Pinterest, Blue Apron, Skype, and Twitch, and has played a role in the successful initial public offerings of 117 companies, including Twilio, Yelp, and LinkedIn. The firm also operates several specialized funds targeting various sectors, including information technology, software, and digital health, with a presence in key markets such as India and Israel.

Battery Ventures is a technology-focused venture capital firm founded in 1983 and headquartered in Boston, Massachusetts, with additional offices in Silicon Valley and Israel. The firm specializes in investing in innovative and potentially transformative businesses across various sectors, including application software, IT infrastructure, consumer internet and mobile services, industrial technologies, and life science tools. As a Registered Investment Adviser, Battery Ventures aims to support companies that are defining new categories and driving advancements in their respective markets.

Mosaic Ventures is a London-based venture capital firm established in 2014, specializing in Series A investments across Western Europe, Israel, and the United States. The firm manages a $150 million fund dedicated to supporting founding teams that are transforming significant markets. With partners who possess over 30 years of investment experience on both sides of the Atlantic, Mosaic Ventures has invested in over 70 companies across 12 countries, collectively creating more than $400 billion in value. The firm emphasizes a hands-on approach, leveraging extensive operational experience from leading startups in Silicon Valley to foster relationships with founders and help them navigate the challenges of building innovative businesses. By focusing on a limited number of investments each year, Mosaic Ventures aims to provide meaningful support and guidance to portfolio companies throughout their growth journey.

Sequoia Capital is a prominent venture capital firm founded in 1972 and based in Menlo Park, California. The firm specializes in investing across various stages of startups, including seed, early, and growth stages, and focuses on sectors such as technology, healthcare, financial services, internet, and mobile. Sequoia typically invests between $100,000 and $1 million in seed companies, $1 million to $10 million in early-stage ventures, and $10 million to $100 million in growth investments. The firm operates globally, with significant activities in regions like Israel, China, and India, where it partners with dynamic founders to build successful companies. Sequoia's extensive portfolio includes notable firms and offers valuable insights and resources, benefiting from decades of experience in the venture capital landscape.

ICONIQ Capital, LLC is a global multi-family office and investment firm based in San Francisco, California, with additional offices in New York and Singapore. Established in 2001, ICONIQ Capital originally served as the family office for Mark Zuckerberg but has since expanded its clientele to include influential families and organizations from Silicon Valley and beyond. The firm specializes in direct investments, particularly in technology growth equity, venture capital, middle market buyouts, and real estate. Its investment focus includes sectors such as enterprise software, financial technology, and information technology, primarily within North America and Europe. In addition to investment management, ICONIQ offers financial advisory and family office services, aiming to facilitate strategic relationships and governance for its clients.