We invest in assets ourselves and we run our clients' transactions — the sale and purchase of businesses, real estate and development, ownership structure and capital after exit. Transaction range: RUB 300m – 5bn.
An owner's question usually spans several disciplines at once. A business sale runs into ownership structure, structure runs into tax, tax runs into residency. We cover the whole route.
End-to-end sale of a business, acquisition search based on an investor's criteria, independent valuation, due diligence, deal packaging and support through to closing.
Commercial property, hotel assets, management and development projects. Here we hold our own portfolio alongside client mandates.
Deal finance, ownership and settlement structure, choice of jurisdiction, the tax structure of the transaction, bank and project financing.
What happens to an owner after the exit: tax, residency, capital allocation and banking infrastructure abroad.
There are four practices. Each one exists because it answers the question the previous one raises.
An adviser's interest ends with the report, a fund's with the horizon of its mandate. Ours ends where yours does: with the money in the account.
Earns from the process. The risk ends with the report: the fee is collected before the result of the recommendation becomes visible.
Follows its investors' mandate and the fund's horizon. Your situation matters to it only to the extent that it fits the strategy.
We have been through acquisition, management and disposal of our own properties. Valuation is therefore built on the buyer's logic: cash flow, risk and entry price.
The parties are protected by confidentiality agreements, so the assets are described on a no-names basis.
Sturgeon farming and caviar production. Valuation, packaging, outreach to strategic buyers in Russia and Kazakhstan, work with audited IFRS accounts.
Two assets in a single process. Work with a nationwide agricultural holding and with a top-10 state bank, including clearance through the bank's compliance procedure.
Valuation established that the owner's price expectation sat above the market. Instead of taking the asset out to buyers we prepared a plan to improve margins.
We publish what we calculate ourselves, and we name the source behind every figure.
The demographics of Russia's first generation of entrepreneurs and what they mean for an individual company.
Multiples, normalised EBITDA, net debt and working capital — where exactly the two figures diverge.
Taxation of share disposals in 2026 with references to the Russian Tax Code, residency and capital allocation.
Tell us what the asset is and what you want to do with it. That is enough for us to establish whether this is our mandate and to reply substantively.