Russian tech investment fund expects 45% annual return - VentureBeat

Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in fast-growing markets of considerable size, writes VentureBeat, according to Reuters. Christened Flint Capital, the fund comes as the fourth sizeable one launched in Russia since the beginning of the year — after FRII, a $200 million state-owned seed stage fund, Maxfield Capital, a $100 million fund linked to Russian oligarch and Skolkovo President Viktor Vekselberg, and Genezis, writes VentureBeat.

8 October 2013•2 mins read
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