Interros and direct investment fund JPMorgan Chase will create a company to direct investment in Russia's economy

Interros and direct investment fund JPMorgan Chase - One Equity Partners joint investment company for direct investment in Russia's economy. Initially, the total investment will amount to $ 1 billion, for which each party will allocate $ 500 million

The joint company will invest in the development of the dynamic Russian companies and will provide equity capital to strengthen their balance sheets. The joint company also plans to attract a significant amount of borrowed funds to refinance and optimize the capital structure, portfolio company. It will invest in key sectors of the economy, including the consumer sector, manufacturing and services sectors, says the official report of Interros.

With the establishment of a joint venture company, the president of Interros, Vladimir Potanin, said: Cooperation with the OEP is fully consistent with our strategy to attract foreign partners to invest in Russia's economy. In addition to the significant financial investment, we also look forward to the synergy of combination of successful investment, Interros in Russia with high business reputation and the reputation of our partners. In addition, we plan to fully utilize the skills of OEP on management and development of portfolio companies.

We are very happy to be partners with Interros in this field and are confident that by combining local and foreign capital and expertise we can help strengthen the foundation of Russia's economy. We also hope that our joint investment company will be a successful model for direct institutional investment in Russia and in other developing markets , - commented the Managing Partner of One Equity Partners and Richard Keshin.
The high price of oil shows a continuing trend of growth in Russia's stock market
RusHydro: Limit of insurance payments ROSNO on the fact of the accident at SSHGES is $ 200 million
When Bernanke is powerless …
Today in the United States will be published September's data on the number of new buildings
Sell Opel threatened
Publication of Russia's companies reporting for the III quarter of 2009, may also give impetus to the market shares
Overview of the oil market for 19.10.09
Many investors in the market are skeptical that the growth in demand associated with economic recovery, will be sufficient to reduce the huge reserves of oil and fuel
Look at today's market

This entry was posted in Company News. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>