Partner section

Unicorn Capital Management launches infrastructure industry buyout fund

Moscow, Russia — Unicorn Capital Management today announced that it has launched Unicorn Capital Partners — a USD 500 million infrastructure industry buyout fund targeting undervalued SMEs in need of operational restructuring and corporate carve-outs of mission critical supply divisions. Unicorn Capital Partners will target expansion and buy-out opportunities across Russia, CIS and EMEA small and mid markets. Targeted sectors include industrial assets in connection with infrastructure development, infrastructural assets, machine-building, automotive components production, oilfield services, power generation, timber and wood-processing, ferrous and non-ferrous metallurgy, development.

Unicorn aims to deliver a targeted total return of 25% IRR, with an 8% hurdle rate. The fund is targeting investments with a 3—5 year holding period.

Unicorn founders and partners are Andrei Dementiev and Sergei Moiseyev. The fund leverages on decades of their financial and operational experience, broad industry knowledge, and a powerful network of local relationships. It will work in unison with investment and portfolio partners to act as a catalyst for value expansion.

17 September 2012