Elbrus Capital overview
Stories about Elbrus Capital
Elbrus defies Russia's frosty climate to hit first close on Fund III
LP appetite for Russian private equity has been uncertain since the 2019 arrest of Baring Vostok founder Michael Calvey and several colleagues.
Russia’s Elbrus targets Asia, Middle East for $600m fundraise – exclusive
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.
Elbrus closes on Eur550 million hard cap
The Russia and CIS-focused firm beat its target – and also landed an extra $150m from OPIC.
Elbrus aims to deliver in Russia
Elbrus has invested in Russian delivery business SPSR-Express. It's the first deal from its second fund, which is now more than half way to its $500m target.
Elbrus Capital contact information
Offices
Office 11B, 27th Floor, Naberezhnaya Tower, Block C, 10 Presnenskaya Nab., Moscow, 123112, RussiaContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Dmitry Antipov | Job titlePartner | LocationMoscow, Russia | Email  ---------- |
| Mr. Valentin Mashkov | Job titlePartner | LocationMoscow, Russia | Email -------- |
Elbrus Capital funds managed
Closed funds: 3
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------- | Close dateFeb 2014 | Strategy --------- | |
Fund size ----- | Close date- | Strategy --------- | |
Fund size ----- | Close date- | Strategy ------ | |
Stories that mention Elbrus Capital
Side Letter: Carlyle's ex-Blackstone hire; UK's net-zero goal; Motive taps Santander Asset Management's ex-CEO
Carlyle has recruited a former Blackstone veteran to help lead its India business. Plus: the UK wants asset managers to set out their net-zero plans and Russian private equity sees some stellar returns. Here's today's brief, for our valued subscribers only.
Side Letter: 4.1x reasons to visit Russia; Alpine's 125% incline; Hedges on PE's turf
One of Russia's only active private equity firms appears to be having no trouble on the fundraising trail, and there are 4.1x reasons why. Plus: US buyout firm Alpine Investors has more than doubled its firepower in Fund VIII and hedge funds are encroaching on PE's turf. Here's today's brief, for our valued subscribers only.
State intervention: The cause of, and solution to, Russian PE’s problems?
Capital from domestic, Middle Eastern and Asian sovereigns has propped up Russian private equity for at least half a decade.
Side Letter: How to woo Japan LPs; SPAC settlement; Russian PE court case
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.
Side Letter: NBA's PE play, Russia thaws, Eurazeo's billions
A greater number of PE funds could be permitted to own stakes in National Basketball Association teams. Plus: Russia's frosty PE climate might be thawing and PE firms are making rain in Spain. Here's today's brief, for our valued subscribers only.
Russian private equity hangs in the balance
The government has propped up Russian private equity following western retrenchment in recent years; it remains unclear whether the industry can make it alone.
Side Letter: Schwarzman speaks up, Carlyle and TPG raise, Russians head east
Dollars keep rolling in for the big names in PE; Carlyle, TPG and Blackstone are all notching up fundraising success. It is more complicated for Russian firms, however. Here’s today's brief, for our valued subscribers only.