East Capital Financials Fund sells Platinum Bank holding

The East Capital Financials Fund sold its 23.7 percent stake in PT Platinum Ltd, the holding company which owns 100 percent of Platinum Bank in Ukraine. The sale realised a total cash on cash return of 28.5% for the fund in euro terms since original investment in 2007. The buyers of ECFF’s stake were a group of financial investors, including European Infrastructure Investment Company.

DealsNorth AmericaUSBriefs