Violation of the Penal Code: US Michael Calvie arrested for fraud – Barings Vostok Capital Partners (BVCP)
February 21, 2019
Moscow City Bathman District Court
February 15
Russian investment fund founder: Barings Vostok Capital Partners (BVCP)
Senior partner Americans: Michael Calvey:
arrested for fraudulent charges falling under Article 159, Paragraph 4 of the Penal Code.
Barings Vostok:
One of the investment companies specialized in the Russian CIS market.
Major investors include pension funds, universities, government funds in North America, Western Europe, Asia, the Middle East
Invest $ 2.8 billion in 80 companies from the former Soviet Union countries such as Russia, Kazakhstan, Ukraine since 1994
In Russia,
Search engine: Major Yandex,
EC site giants: AVITO.ru, OZON.ru,
Food retail giant: Fux-Villa,
Integrated core software giant: 1S
It is famous as a venture investment company that has invested in one of the leading large companies in Russia and has a large investment amount and achievement.
– JETRO
https://www.jetro.go.jp/biznews/2019/02/50b6cab852c3f167.html
U.S. Investor Calvey’s Arrest Just Another Brick in the Wall
The arrest of Michael Calvey on Feb. 14 on charges of “large-scale embezzlement” sent shockwaves through Russia’s investment community.
One of the best known, most successful and personally well-liked figures in the Russia investment community, Calvey has been both a savvy investor and at pains to keep his head down.
He never comments on politics and is known as a straight shooter.
The success of his fund Barings Vostok Capital Partners (BVCP) relies entirely on smart calls and it has made a string of “home runs,” as U.S. citizen Calvey has told me in a string of interviews over the years.