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| “Baring Vostok Capital”, an international investment company, established a new direct investment fund in Russia – “Baring Vostok Private Equity Capital III” with the investment resource of about USD400 million. Company management motivates this step by high profitability of investments in Russia along with low level of the political risk in comparison with other developing countries. Two earlier established funds of “Baring Vostok Capital” have already invested USD 365 million in the fast growing Russian companies, the average profitability being about 45%. |
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