Partnering with Management to Increase Value/Building Business for the Future

Baring Vostok's  professionals work actively to assist the management teams of portfolio companies to maximize the long-term profitability and sustainable business practices.

The NIS Fund's portfolio consisted of a number of successful companies, including: Syktyvkar Forestry Enterprise, a pulp and paper mill; Borjomi, the former Soviet Union’s most popular spring water brand with its source in Georgia; SladKo, a national chocolate and biscuit brand; Burren Energy, a UK oil exploration and production company with operations in Turkmenistan and the Republic of Congo, and Golden Telecom, a telecommunications company focused on Eastern Europe and Russia.

The Baring Vostok Fund invested in a number of high-profile medium-sized businesses, such as: CTC Media, a Russian entertainment television network; Europlan, an automotive and equipment leasing company; OZON.ru, a Russia's leading online retailer; Yandex, Russia’s leading internet search engine and web portal; and Lymex Holdings, a regional cement holding in Russia’s Far East.

Fund III’s portfolio includes gas projects in Russia Volga Gas; Gallery Group, Russia’s second largest out-of-home media company; Kaspi Bank, a leading retail and consumer bank in Kazakhstan; Centre for Financial Technologies, a Novosibirsk-based banking software, payment processing and credit card company; and Enforta, a regional provider of broadband telecommunications services.

Baring Vostok Fund IV is currently in its investment period and when fully-invested, its portfolio is expected to comprise a diversified set of companies across Baring Vostok’s core sectors. Portfolio companies include Etalon-LenSpetsSMU, one of St. Petersburg’s leading residential homebuilders; Zhaikmunai, a medium-sized independent oil & gas exploration and production company with a license to develop an oil and gas field in northwestern Kazakhstan; Termosteps-MTL, a vertically-integrated producer of insulation and sandwich panels;  ER-Telecom, a leading Russian broadband and pay-TV operator; and Orient Express Bank, one of the leaders in Russia in retail loans.