Wed, Nov 11, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Russian hedge fund launched focusing on small-cap and pre-IPO investment opportunities, Analysis: Cash-out time in Russia? Will Putin change constitution for 3rd term, or `transition into the unknown`?

Thursday, October 12, 2006

Opalesque Exclusive: Russian hedge fund launched focusing on small-cap and pre-IPO investment opportunities UFG Russia Alternative Fund, the hybrid investment vehicle to capitalize on less liquid investment opportunities in the Russian equity market and invest in non-listed companies that will come to the market within 12-24 months.

Investment Strategy The Fund is launched as a hybrid investment vehicle to capitalise on less liquid investment opportunities in the Russian equity market, but will also invest in non-listed companies that will come to the market within 12-24 months.

The Fund will be managed by Florian Fenner and Svetlana LeGall, who will be helped in their efforts by Timur Salikov and ten investment professionals of UFG Private Equity. The Fund utilises the unique access to Russian business and government circles of UFG Asset Management. The fund management pursues a very opportunistic investment strategy that focuses more on actual access to deals than on a pre-determined and static strategy.

Investment Opportunity The decision to invest in Russia is not binary anymore, but investment returns will depend more on picking the right stocks and sectors than getting exposure to beta. Following the re-rating of the Russian market, and the oil sector in particular, we believe that future investment returns will come from companies that are currently either less liquid or in a pre-IPO stage.

While there is no shortage of mon......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m