The Funds’ first investment in telecommunications was made in 1994 in FGI Wireless (which eventually became today’s Vimpelcom, one of Russia’s largest mobile telephony operators). The company was a pioneer in cellular network development in Russia. Since 1994, Baring Vostok funds have invested over $850 million in 30 companies in the internet, software, media, and telecommunications sector.
1C

1C

Leader in accounting software solutions
Location:
Moscow, Russia
Year of initial investments:
2009
Shareholding:
Minority stake

1С company was founded in 1991 and focuses on software development, distribution, publishing and support services. “1С” has a wide partner network of more than 10,000 partners in 600 cities of 25 countries including more than 6,700 companies in “1C: Franchising” network. Most well-known 1C software products are “1C: Enterprise” platform, desktop and educational products. “1C” is an official distributor of more than 100 software vendors.

“1C: Enterprise” software products are widely used on several millions workplaces for improving the efficiency of accounting and management in commercial and government sectors in Russia, Ukraine, Kazakhstan, Belorussia and several other countries.

Other projects

News

18 February 2019

Press statement.

In light of recent events, Baring Vostok Capital Partners (BVCP) announces that it continues to conduct business as usual, and that Senior Partner Elena Ivashentseva and Co-Founder Alexei Kalinin have jointly taken on the responsibilities of leading BVCP.
17 February 2019

Press statement.

Baring Vostok Capital Partners comments on inaccurate media reports.
16 February 2019

Press statement on outcome of court hearing.

Yesterday the Moscow Bassmaniy Court extended its hearing to decide on pre-trial restrictions for Michael Calvey, while leaving him under detention for an additional 72 hours.
15 February 2019

MEDIA RELEASE.

Baring Vostok believes that the detention of its employees and the charges that have been brought are a result of a conflict with shareholders of Vostochniy Bank.
15 February 2019

MEDIA RELEASE.

Yesterday, four Baring Vostok employees, including Michael Calvey, were detained by authorities in Moscow.
30 May 2018

CFT Rated among Russia's Major IT Companies.

CNews Analytics agency has published its analytical review ”IT Market: Results 2017”. The review included ratings of the branch participants. Based on last year’s activity, CFT moved up 5 ranks in the rating ”Russia’s Major IT Companies 2017” (CNews100) to number 12 in the list. In the rating ”Russia’s Major IT Developers 2017” CFT remained number 6.