World Finance Review
September, 2010
Post-Crisis Private Equity Investment in Russia
Ulf Persson, Managing Partner of Mint Capital publishes for World Finance Review.
3rd August 2010
Mint Capital communicates the change in the team
Mint Capital and Gleb Davidyuk have decided to part ways after five years of good cooperation.
Press release
28th May 2010
Ulf Persson, Managing Partner of Mint Capital is invited to speak at Silicon Valley's First Venture Capital Trip to Russia
This event had brought a delegation of two dozen managing partners from some of the leading Venture Capital firms in Silicon Valley to Moscow, Russia, where they were provided with an opportunity to learn more about Russian businesses and Russian technology companies and where they were introduced to the Russian market as a destination for potential investment.
Gleb Davidyuk, Partner of Mint Capital, took part as a speaker in a major PE forum in Russia - CIS Private Equity and Venture Capital Forum which took place in Moscow 23 - 24 March 2010
As the leading western economies returning to growth, the private equity market is once again optimistic about return prospects for Russian and CIS funds, improvement in the fundraising climate, deal financing and exit opportunities. With this in mind, C5’s flagship CIS Private Equity and Venture Capital Forum returns to Moscow this coming March - bigger, more practical, and topical than ever. Hundreds of most notable investors, private equity fund managers, venture capitalists, investment bankers and lawyers get together every year to attend two content-packed days of highly interactive discussions, multi-panelists sessions and continuous networking with the leading LPs and GPs driving this industry in Russia and CIS.
Expert TV
22nd January 2010
Gleb Davidyuk, a partner at Mint Capital, gave interview to a leading Russian business channel Expert TV
Gleb Davidyuk was invited to speak about the Russian private equity industry in the program Russian Wall Street which goes live weekly and features top-managers, entrepreneurs, business leaders.
Ernst & Young
27th November 2009
Founder of MONE Alexander Glushkov wins locally the international contest Entrepreneur Of The Year 2009 Award by Ernst&Young in the nomination “Services”
The contest started 23 years ago and covers more than 135 cities in 50 countries.
Press Release
28th October 2009
Mint Capital is pleased to announce exit from its portfolio company jNetX
Official press release of Amdocs.
The Moscow Times
25th September 2009
Mint Capital on Thursday announced that it had acquired a 70 percent stake in Tinkoff restaurants, becoming the full owner of the venture
In 2008, Tinkoff owner Oleg Tinkov sold a 25 percent share of the company to the Scandinavian investment company for $10 million and estimated the value of his chain at $25 million in 2007.
Reuters
27th May 2009
Swedish fund to invest in Russian debt collector
A Swedish private equity fund is to buy a big stake in a Russian debt collection agency, the fund said on Wednesday, the first foreign move in the sector since the onset of the economic crisis and a spike in bad loans.
Acquisitions Monthly
April 2009
Feeling the cold?
2008 saw a 48% decrease in the value of Russian M&A transactions but the number of transactions involving Russian and American partners did not follow the general downward M&A trends
Emerging Private Equity
May/June 2008
Russia: the best is yet to come
With a booming economy and stable political environment Russia is becoming an increasingly attractive destination for private equity funds. Patrick McCurry reports.
Press Release
20th April 2008
Gleb Davidyuk, Partner of Mint Capital, meets MBA students from the Stockholm School of Economics
On April 19, 2008 Gameland, portfolio company of Mint Capital, hosted a seminar for the MBA students of the Stockholm School of Economics (SEE)
Press Release
13th March 2008
Gleb Davidyuk, Partner of Mint Capital, presents Russia at a European conference on private and venture capital
On March 11-12, 2008 Zurich welcomed a private equity conference Searching for outperformance in today 's Private Equity market arranged by Financial Events International
The Moscow Times
19 March 2008
Renaissance Equity Fund Raises $660M
Renaissance Group said Tuesday that it had raised $660 million for its first private equity fund, as investors sought greater exposure to Russia amid the turmoil on global financial markets
Euromoney
8th January 2008
Russian economy: The flight of the Russian phoenix
As comebacks go it surely ranks alongside that of Lazarus. In the wake of August 17 1998, when Russia effectively defaulted on tens of billions of public and private sector debt, the country’s economy certainly looked dead and buried as far as both strategic and portfolio investors were concerned. Yet less than a decade later, Russia is widely seen as a must-go-to destination for a wide range of investors, both big and small. It has been a remarkable reversal of fortune by any stretch of the imagination and one that even avowed Russophiles still struggle at times to comprehend.
Euromoney
September 2007
Private equity: Investing in Russian beauty
Anyone seeking evidence of the growing range of investment opportunities for private equity practitioners in Russia need look no further than the news that Mint Capltai has paid $8 million for a blocking minority stake in Mone
Private Equity News
September 2007
Mint backs Russian people business
Mint Capital, a Nordic private equity firm specialising in mid-market deals in eastern Europe and Russia, has taken a minority stake in a fast growing human resources software company as it prepares to start fundraising next year
Russia Today
26th July 2007
Beauty industry gets bigger in Russia
Russia's health and beauty industry is attracting foreign investors, with the countrys second-largest beauty salon chain recently agreeing to sell a major stake to Scandinavian private equity firm Mint Capital
GCI Magazine
20th July 2007
Private Equity Takes Action in Russia
Scandinavian private equity fund Mint Capital has invested in MONE, one of the leading Russian professional cosmetic chains
Euromoney
May 2007
Russia: Mint Capital takes a fresh approach to private equity
Ulf Persson, managing partner of Mint Capital, talks to Guy Norton about the challenges of the Russian private equity market
Press Release
20th April 2007
Ulf Persson, Managing Partner of Mint Capital, joins Administrative Council of the Russian Private Equity and Venture Capital Association
Mint Capital became a member of the Russian Private Equity and Venture Capital Association (RVCA), and its Managing Partner, Ulf Persson, was elected to the executive body of the association, the Administrative Council
SKRIN Newswire
16th April 2007
Private equity looks at booming Russia IT market
Russias booming information technology (IT) market is a key target for private equity firms across the globe, according to a private equity lawyer with global law firm Squire, Sanders & Dempsey L. L.P
Novecon
3rd April 2007
Mint Capital Buys A-Dept Shares
The Scandinavian Mint Capital equity fund has bought a sizable stake in the Russian A-DEPT company. The deal is estimated at some $5.0 million
BusinessNewEurope
14th March 2007
Verysell Group, Mint Capital and RP Explorer Fund Announce Major Russian IT Investment Agreement
The Russian IT company Verysell together with a Scandinavian private equity fund Mint Capital and the British investment fund RP Explorer Fund (a division of RP Capital Group) have concluded a $40-million investment agreement to support the companys development
BusinessNewEurope
22nd January 2007
Mint Capital sees better prospects for minority stakes in Russian firms
Ulf Persson, a managing partner at Mint Capital, will be speaking at the Adam Smith conference on Russian alternative investment in London on February 21
8th November 2006
Ulf Persson, Managing Partner at Mint Capital, is invited to speak at Adam Smith Conferences' Russian Alternative Investment Forum in London
Adam Smith Conferences' Russian Alternative Investment Forum is taking place on 20-22 February 2007 at the Marriott Hotel Grosvenor Square in London
Vedomosti
30th November 2006
A British private equity fund invests in a Russian money transfers provider
Owners of Unistream, a Russian system of money transfers, have found a foreign investor to their business. The blocking stake in the company was acquired by Aurora Russia Limited. Unistream hopes to make an IPO in three years from now
BusinessNewEurope
24th November 2006
Are foreigners paying over the odds for Russian banks?
Pricing banks in Russia has turned into a moving target as the European Bank of Reconstruction and Development (EBRD) and Nordea found out to their cost this month
Novecon
6th October 2006
Benchmark Capital buys Elecsnet shares
Benchmark Capital Europe, one of the largest venture funds, has invested $2.0 million in the Russian Elecsnet company.
RBC daily
7th September 2006
Peacock shopping in Russia
Peacocks is to open more than a hundred of shops in Russia in the coming five years
Press Release
5th October 2006
Mint Capital announces investment agreement with Benchmark Capital Europe for further development of Elecsnet
Mint Capital, a Nordic private equity fund, has announced that Benchmark Capital Europe is to invest USD 2 million into its portfolio company Elecsnet, the leading Russian mobile top-up terminal network. Mint Capital invested US$10 million of shares in Elecsnet in 2005
Real Deals (Europe's private equity and venture capital magazine)
17th August 2006
Mint Capital backs Maratex
Mint Capital has invested $6.1m (€ 4.7m) in Maratex, which holds retail franchises for international fashion brands in Russia, Kazakhstan and Ukraine.
SKRIN
12th September 2006
Gameland and Troika Dialog ink agreement
On September 11, 2006 Gameland Publishing House ( Khuligan, Khaker, Total DVD, Total Football magazines) and Troyka Dialog signed an agreement to attract $12mln for the development of multimedia mediaprojects…
Novecon
28th March 2006
Mint Capital Invests $10 Mln in ELECSNET
The Scandinavian direct investment fund MINT CAPITAL has invested $10 million in developing the Russian Elecsnet network
The Moscow Times
11th August 2006
Cabinet Sets Up Venture Company
The Cabinet on Thursday approved the creation of a state venture company that is to invest 15 billion rubles ($560 million) in the countrys high-tech sector
Press Release
27th March 2006
Nordic Private Equity Fund «Mint Capital» has invested in «Elecsnet» company
Nordic Private Equity Fund «Mint Capital» has invested in «Elecsnet», an industry leader in secure cash processing and electronic financial transactions. The USD 10 million invested will be used for regional network development, service and product improvement, and technological development
Press Release
1st June 2006
«Mint Capital» has invested in «Maratex Ltd.»
The amount of private equity investment in Russia will continue to grow in 2006, with consumer goods companies continuing to attract the greatest interest, experts said Wednesday
Euromoney
1st September 2005
The great Russian private-equity gamble
IN A CITY where overpriced service is usually either rude or unctuous never anything in between Prime stands out
AK&M (Russia)
27th April 2005
Mint Capital to invest US$100 mln. in Russia and Ukraine.
Mint Capital managing company completes the forming of Mint Capital II Direct Investment Fund to the value of US$100 million for investment of private and institutional investors funds in developing companies…
The Moscow Times
29th April 2005
Survey: Most Firms Still in Dark
Only one in 10 Russian companies sheds light on its remuneration practices for executives, and just one-quarter discloses its ownership structure, the Russian Institute of Directors, or RID, found in its second annual report on corporate governance
The Moscow Times
8th September 2005
Private Equity Investment Set to Soar
The amount of private equity investment in Russia will continue to grow in 2006, with consumer goods companies continuing to attract the greatest interest, experts said Wednesday
WPS: Banking and Stock Exchange
19th August 2004
Interview has been published with Ulf Persson, managing director of Mint Capital venture capital, which creates a new fund to work in Russia. He spoke about his strategy in the sphere of investments and general trends of venture market development
Reference: Interview of Mr. Shkolin with Ulf Persson, managing director of Mint Capital venture company, «Ulf Persson, «We Expect To Get 40-60% A Year,» Finans., N30, August 16-22, 2004, p.31-33
Venture Capital Journal
1st of July 2004
Draper Fisher Says It Won’t Rush Into Russia
For inspiration on how to manage Draper Fisher Jurvetsons (DFJ) new Russian-oriented fund, all Alexei Andreev has to do is look at the firms lineage
BBC Monitoring Media
13th August 2004
Paper recaps on history of Russian mass media and major players
The Russian newspaper Kommersant-Vlast on 9 August carried a summary of the history of Russias mass media from the year 2000, recapping on the changes in television, radio and newspapers and their ownership, and adding a brief account of the main players
WPS: Banking and Stock Exchange
12th march 2004
Mint Capital international investment fund has acquired 20% of shares of the Russian publishing house Gameland.
Gameland publishing house issues magazines: Strana Igr (Country of Games), Strana Igr Putevoditel«(Country of Games Guidebook), Computer Gaming World, PC Igry (PC Games), Hacker, Hacker Spets (Hacker Professional)


