Siguler Guff Is On A Roll: Russian Fund Also Approaching Target
Last week, peHUB reported on two Siguler Guff funds-of-funds that are in the final stages of fundraising: It’s second BRIC fund-of-funds and its third distressed fund-of-funds. The former is within $100 million of its target; the latter has crossed its target by $800 million. Not bad for a crappy market, although massive interest in distressed investing has surely helped. Today we learned of one more Siguler Guff fund, which has the majority of its commitments in the bank: Russia Partners III. The vehicle, which makes direct equity and equity-like investments, bills itself as “one of the largest pure private equity presences in Russia and the Former Soviet Union.”
9 February 2009•1 min read
