The Verno Private Equity (“VPE”) business was launched in 2013 and has quickly grown to become one of the most active, privately owned teams in the market. Based in Moscow and Astana, the team brings together international and local investment expertise to source and structure investment opportunities from Russia and Kazakhstan for institutions globally. Since inception, the team has researched upwards of 200 investment opportunities, and helped close on transactions totalling more than USD 1 bn.
VPE works to a transparent and institutional-quality investment process. The team has tended to focus on opportunities in the real economy, including infrastructure, logistics, metals and mining, retail and agriculture, with a bias towards structuring to minimize downside risk. VPE offers institutional investors to invest both through funds and through coinvestment opportunities.
Private Equity Advisory
The Private Equity Advisory unit was built to advise and help execute opportunities on behalf of a UAE strategic wealth fund investing under its $6.0 billion Co-investment Agreement with the Russian Direct Investment Fund. The investments made under the advisory mandate have been across a wide range of sectors, including mining, retail, logistics, petrochemicals, and financial infrastructure.