Alexey Pigarev

Advance Capital PE is an active,long-term manager which invests through their fund in unlisted mid-sized companies in the retail and services, infrastructure (construction, repair and maintenance), construction materials, technology and media and telecommunications sectors. Their geographic focus is on Russia and the CIS. The firm seeks to invest in high-growth companies with sales of USD 50-200 million; potential to significantly expand their business; a professional management team whose ambitions match the objectives of the Fund; positive cash flow from operating activities with potential for continued growth and target return (IRR) of no less than 30%. Advance Capital PE partners with their investee companies, typically seeking to acquire a controlling interest or a significant minority stake, which, together with stakes of co-investors / strategic partners will constitute a majority share. They have a clear exit strategy, either a sale to a strategic investor / private placement / IPO that can be implemented within 3-5 years, agreed upon by all key stakeholders.