VTB Capital Private Equity and Special Situations group (VTB Capital PESS) was established in 2008.
Since inception, the Private Equity group has grown its assets under management to over US$1 billion. This amount is comprised of Bank’s proprietary capital, as well as a significant amount of co-investments from a number of prominent global institutional investors and sovereign wealth funds. The current portfolio includes close to a dozen investments across a variety of industries, including retail, media, real estate, fast food restaurants, gold mining, infrastructure, transportation, IT and agriculture.
The Private Equity Team invests in both minority and controlling stakes, and subsequently exits through public listings or trade sales, normally over a period of three to five years. Besides execution of consumer-driven general private equity transactions, VTB Capital PESS group is also actively involved in Agriculture (including Food Processing), Infrastructure, Metals and Mining (Gold Mining focused) and Real Estate.
Key deals and achievements:
- Between 2009-mid 2012, the team originated and completed some of the most significant private equity deals in the CIS including Lenta, News Outdoor, Burger King Russia, EPAM, Luxoft, Lesnaya Plaza, White Square, White Gardens and Zapadnaya Gold Mining
- Three investments exited yielding IRRs ranging from 45-75%, and cash-on-cash multiples from 2.3-2.6x
- #1 Private Equity Firm in Russia / CEE, Private Equity International and EMEA Finance, 2011 and 2012