Baring Ventures Capital Partners

John Childs severs ties to the firm he founded, while Putin enters the Baring Vostok fray. Here’s today's brief, for our valued subscribers only.

The arrest of Baring Vostok Capital Partners' US founder and three colleagues has done little to ease concerns about Russia as an investment destination for LPs.

The firm has temporarily suspended the four detained employees amid a dispute over the transfer of shares from one of its portfolio companies.

The four members of one of Russia's oldest private equity firms were detained on Thursday due to a dispute pertaining to retail bank Orient Express, a Baring Vostok portfolio company.

The 2000-vintage fund's remaining asset is a large minority stake in the 'Amazon of Russia', having invested $3 million in 2000 and re-invested an unknown amount in 2007.

CPP Investments will have a new head of its directs business. Plus: Calvey's guilty verdict could sound a death knell for Russia's PE market and why the latest efforts to close a perceived CI tax loophole in the US are different from previous attempts. Here's today's brief, for our valued subscribers only.

Top tips for international GPs hoping to crack Japan's comparatively nascent LP market. Plus: why SPACs might be coming back to Earth and a Russian court case could have major implications for the country's PE market. Here's today's brief, for our valued subscribers only.

LP appetite for Russian private equity has been uncertain since the 2019 arrest of Baring Vostok founder Michael Calvey and several colleagues.

Apologies for stating the obvious, but covid-19's impact on the industry will be multi-faceted and cannot be overstated. One effect is the catalysis of thinking around impact investing (see Brookfield's predictions and our special report below). Another is the hit to public finances and the need to raise tax from somewhere: strap in for another round of the carried-interest-as-capital-gain debate. Here's today's brief, for our valued subscribers only.

Its first fund, a 2008-vintage, still has four remaining assets and is operating at 0.8x gross total value, according to a source with knowledge of the matter.

Another big name is nudging up the carry. Here’s today's brief, for our valued subscribers only.

Good news everyone: CalPERS still loves PE. Here’s today's brief, for our valued subscribers only.