Reuters- Da Vinci Capital Management, founded by former Renaissance Capital banker Oleg Jelezko, plans to list its fund investing in ex-Soviet states in London in March this year to raise up to $200 million (100 million pounds).
The company’s managing director Yevgeny Fetisov told reporters on Tuesday the Da Vinci CIS Private Sector Growth fund was currently carrying out a roadshow and would be listed on the London Stock Exchange’s Specialist Fund Market segment.
"We will be the first fund to enter this section," he said. LSE launched the new market last year with lighter rules aimed at attracting hedge funds and private equity funds.
The Da Vinci CIS Private Sector Growth Fund, a closed-end vehicle, focuses on pre-IPO investments in the consumer, retail, infrastructure, engineering, financial and real estate sectors.
