Partner section

Unicorn Capital Partners has held its first close of USD 100 million

Moscow, Russia — Unicorn Capital Partners («Unicorn», «Fund»), infrastructure industry buyout fund, announces that it has successfully completed the first close. The amount committed to date is USD 100 million. The Fund's final close is capped at USD 500 million.

Sergei Moiseyev, the Fund’s co-founder and Managing Partner commented: «This is an important milestone for Unicorn Capital Partners. We are pleased to have achieved a first close of USD 100 million so early in the Fund raising process. We feel that this commitment from our investment partners demonstrates support and confidence in ability to generate income from our acquisition strategy and achieve targeted IRR».

Unicorn Capital Partners continues funding and targets expansion and value opportunities across Russia and abroad. It will invest in companies enjoying strong underlying growth or that it considers to be dynamic platforms from which to drive consolidation in a particular market segment. In all the cases Unicorn will invest in companies with strong management team, understandable business model and potential to add value.

20 May 2013