Bank Saint Petersburg has launched its first private equity fund.
BSPB Capital VPF, LP, will focus on private equity investments aimed at high growth technology companies across Russia and the wider globe.
Set up as a Jersey closed-ended Very Private Fund (Limited Partnership) with a corresponding General Partner and Investment Adviser vehicle, the fund plans to raise between US$30M and US$70M, with the investor base consisting primarily of BSPB’s own capital in addition to the bank’s existing business network contacts.
Moore Management has assisted Bank Saint Petersburg with the launch of the fund.
FinSMEs
25/01/2017