Mint Capital

Mint Capital is the Scandinavian private equity fund which was founded in 2000 for investment into capital stock of the companies in Russia and the CIS countries.

Strategy — investments into the fast-growing profitable companies with an annual turnover in the range from 10 to 100 million US dollars. Activity of fund is concentrated on investment of the business which is in an expansion stage.

Mint Capital aims to purchase considerable minority (as a rule, it is higher than 20%) or a controlling stake. The amount of investments can be several tens of millions of dollars for the entire period.

The fund tries to avoid the risk connected with investment of starting projects and the companies with an essential share of the state participation, however investors have flexible approach within the investment focus.

Directions of investments

As for an area of interest of Mint Capital, mass media, consumer goods and services (including financial) and also retail are the priority directions. Besides, the interest is of: manufacturing industry, increase in efficiency of chains of supply, sphere of business services, logistics, distribution, finance and also information technology field.

Nevertheless for investors more considerable indicators than the industry in which this company works are management of the invested company, its market position, the sizes and perspectives of growth.

Mint Capital actively participates in strategic development of the portfolio the companies, shares experience of the specialists and involves professional advisors and business partners from the different industries in the course of formation of Board of Directors of portfolio companies.

Investments

The fund invested in the ABBYY company making electronic dictionaries, at the very beginning of its way and also Gameland media company and a payment service of Eleksnet.

History

2005: Start of Mint II fund for $130 million

The second Mint II fund was created in 2005 and amounted already 130 million dollars, from it investment is conducted now.

2000: Foundation of Mint I fund for $21 million

In the 2000th Mint Capital was nearly the only foreign fund which ventured to enter the Russian market. The volume of the first Mint I fund was only 21 million dollars and the Boeing corporation and family of founders of Oriflame company acted as his investors. Founders of Ulf Persson fund (Ulf Persson) and Fredrik Ackman.