Siguler Guff buys minority stake in Russian banking group | AltAssets Private Equity News

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Siguler Guff buys minority stake in Russian banking group

5 Nov 2009

US emerging markets and distressed debt specialist Siguler Guff has bought a 3.3 per cent share of MDM Bank, one of Russia’s biggest lenders, according to reports. The investment is to be made through a $600m fund managed by Russia Partners, Siguler Guff’s Russian private equity division.

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