From roulette to reward

Linklaters’ Hugo Stolkin, partner, and Kim Latypov, managing associate, track Russia's progress in from the cold.

TPG Capital’s recent purchase of an $800 million stake in SIA International, a pharmaceuticals company, Russia's biggest private equity investment to date, is a sure sign that western private equity appetite for the market is increasing.
 

Hugo Stolkin

Buyout firm interest in Russia is nothing new – several firms have been tip-toeing in the market for a while and there has been active smaller-scale portfolio investment by a number of funds for several years.

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