Investors in Belarus

Zubr Capital is the first professional private firm that manages private equity funds in the Republic of Belarus. The company was established by the top-management of Atlant-M Holding in 2009. Atlant-M Holding is a group formed by 28 portfolio companies, which operate in Russia, Belarus and Ukraine, with total annual turnover more than USD 1 billion. Chief Executive Officer of Zubr Capital is Oleg Khusaenov. On the 30th June 2016 Zubr Capital, the first Belarusian private equity firm, announced the launch of Zubr Capital Fund I (ZCFI) amounting to USD 50 mln. he European Bank for Reconstruction and Development (EBRD) is the anchor investor of the Fund. Its contribution to ZCFI amounts to USD 12.5 mln and may be increased within the coming year. Other investors of ZCF I include WGVC Limited, an investment entity ultimately controlled by Wargaming’s founders.

Starta Accelerator was launched by Starta Ventures fund. Our main mission is to introduce East European startups to best practices, trusted advisers and mentors, and overcome cultural differences through a customized educational program that help startups to gain traction in U.S. and become part of the local startup and investing ecosystem. Diversity is one of our strong points: 80+ portfolio companies come from Estonia, Belarus, Ukraine, Georgia, Slovakia, Moldova, and Russia

RBC Capital Partners is a private equity and venture capital arm of Royal Bank of Canada specializing in direct and fund of fund investments. The firm also makes mezzanine, "stretch" senior, and second lien debt investments. The firm seeks to invest in early stage, mid stage, late stage, mature, turnarounds, and middle market companies. It invests private equity in the technology, life sciences, and telecommunications sectors. The firm concentrates its mezzanine investments in companies engaged in manufacturing, business services, consumer products, healthcare services, and information technology services. It also invests opportunistically in restaurants, retail, and oil and gas sectors. The firm invests in companies based in Canada and the United States. It typically invests $10 million to $20 million of mezzanine or second lien subordinated debt and a non-control equity investment of up to $3 million. The firm can commit up to $50 million of mezzanine capital in total financing. RBC Capital Partners was founded in 2000 and is based in Toronto, Ontario. RBC Capital Partners operates as an investment arm of Royal Bank of Canada.

AS BaltCap is a private equity and venture capital firm specializing in investments in early venture, startups, mid venture, late venture, later stage expansion, lower-mid market, expansion capital, development stages, add-on investments, pre- IPO stages, buyouts and buy-ins, growth capital, industry consolidations, and restructurings. It does not participate in hostile takeovers nor provide debt financing and loans. The firm does not invest in gambling, manufacture of tobacco, arms manufacturing, hard liquor manufacturing (breweries acceptable), financial services, real estate, insurance, human cloning and genetically modified organisms, or any environmentally hazardous business. It has a generalist sector approach and focuses its investments in business-to-business services, manufacturing, healthcare, information and communication technology, energy and specialty retail, transportation infrastructure, distribution and logistics sectors. It seeks to invest in small and medium sized enterprises (SMEs) and businesses that want to launch new products and services. It prefers to invest in Baltic States with a focus on Estonia, Latvia, and Lithuania. The firm typically invests between EUR0.5 million ($0.57 million) and €3 million ($3.95 million) for buy-outs investments. The private equity strategy funds invest in transactions with enterprise value typically between €5 million ($5.65 million) and €40 million ($45.16 million) and maximum assets of €27 million ($23.92 million). The Jeremie funds focus on providing financing between €0.3 million ($0.42 million) and €3 million ($4.22 million). The firm invests between €0.3 million ($0.26 million) and €10 million ($13.45 million) in companies with maximum revenue of €40 million ($35.44 million). It primarily invests in equity or equity related instruments like convertibles, preferred shares, bonds with warrants and becomes a shareholder in its portfolio companies. The firm prefers to hold a seat in a council or a supervisory board of the portfolio company, shareholders’ agreement, and acquires majority or blocking significant minority positions with controlling rights. It also seeks to co-invest. It exits its investments between three years and five years through strategic trade sale, sale to a strategic buyer, financial investor, sale to other co-owners, or IPO. AS BaltCap was founded in 1995 and is based in Tallinn, Estonia with additional offices at Rigas, Latvia and Vilnius, Lithuania.

We partner with founders early, providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. We are currently active in areas including Digital Health, Future of Work, Applied Machine Learning, Decentralized Networks, Mobility and Industrial Applications.

United Capital Partners is a private equity firm specializing in investments in the growth stage, middle market, and emerging growth. The firm may also consider recapitalization and/or partial sale to financial or strategic buyers. It seeks to invest in small and medium sized enterprises in Russia and the Commonwealth of Independent States. The firm focuses on exiting investments via an IPO on a recognized international or domestic stock exchange in three to five years. United Capital Partners is based in Moscow, Russian Federation.

Founded in 2010, Skolkovo is a non-profit organisation based in Moscow, Russia. The foundation operates for development of the center for elaboration and commercialization of new technologies

Founded in 1998, e.ventures (formerly BV Capital) invests in early stage companies mainly located in North America and Northern Europe. e.ventures focuses on emerging opportunities in new media, information technology and communications. The firm is flexible in their investment size, ranging from $100K to $10M, and is involved extensively in the development of its portfolio companies. e.ventures manages capital funded by a group of international investors including AOL Time Warner, Stanford University and Mayfield Fund. The firm maintains additional offices in Germany, Japan, China, Russia, and Brazil.

Horizon Capital is the leading private equity firm in Ukraine backed by over 40 institutional investors, managing four funds with assets under management of over $850 million and a tenure of 25 years in the region. Horizon Capital is an active value-added investor, backing visionary entrepreneurs who lead transformational businesses in Ukraine and the region. Their deal partners have 75+ years of investment experience in the region, formerly at blue-chip institutions including McKinsey/Merrill Lynch/Deutsche Bank and with MBAs from leading institutions. They are known for their integrity, commitment to transparency, governance, value creation and successful exits.

Global Finance is an independent investment firm that has pioneered private equity and venture capital in Southeast Europe, creating opportunities for investors and dynamic companies to capitalise on this burgeoning market. Global Finance’s operations consist of private equity fund management, real estate development and advisory services. It makes equity investments up to €40 million in Greece and €15 million for Eastern European ventures.