VENTURE CAPITAL POST

Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.

Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh.

According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world.

According to IDC, there were seven countries where Windows Phone outsold the iPhone.

Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.

Russian investment bank, VTB Capital said that the increasing Chinese-Russian trade flows could well mean more mergers and acquisitions between the two countries.

Melco International Development Ltd. stated it would buy its way into the Russian entertainment industry.

Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.

OAO Pharmstandard stated they would buyout disgruntled investors at a discount.

RWE AG is expected to get rid of Gazprom oil price deals after arbitration.

Retail real estate investments in Russia have reached US$2.06 billion, surpassing 2011 annual levels, in the first half of 2013.

Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed.

Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.

Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia.

Sergeyevich Ivanov joined Altimp's international advisory board.