Altus Capital

ALTUS CAPITAL

Altus Capital is an independent investment and consulting group focusing on direct investments in fast-growing and underestimated companies. Its investment strategy is characterized by high sector-wise diversification, clear exit strategy and medium term investment horizon (from 1 year to 5 years). The company is focused on projects from Russia and CIS countries, but does not limit the geography of its investments.

Altus Capital was formed on the basis of investment-banking business unit of an international group of companies rendering asset management services. Total volume of transactions with the participation of Altus Capital as of the end of 2020 exceeds $1,5 bln.

SERVICES

Altus Capital is focused on providing corporate advisory services, including equity and debt financing, M&A and real estate transactions. The team also assists clients with challenging projects related to deal structuring and direct investments management. We coordinate the entire deal process from preliminary analysis and structuring to negotiations, signing of the final documentation and deal closing, creating added value at each stage. Our participation ensures effective coordination of the negotiation process and significantly contributes to achievement of the most favourable deal terms.

M&A advisory

Business consolidation and joint venture, search for potential targets and acquisition/sale of businesses in Russia and overseas.

Equity and debt financing

Equity financing including club deals for existing businesses and new projects; coordination of the debt financing process and deal structuring for the project financing, mezannine financing, and LBO/MBO deals.

Strategic investment consulting

Development of the long-term investment strategy, preparation of business for potential sale or attraction of financing, monitoring and management of operations of existing portfolio companies, business planning, structured assets, capital structure optimization, development of exit strategy, and search of potential investment targets or strategic partnerships.

INVESTMENT STRATEGY

Via its knowledgeable and experienced organization of the investment process, Altus Capital identifies successful investments, allowing for the maximization of shareholder value within a medium-range investment horizon.

Preliminary analysis and choice of investment project

The company's portfolio comprises a wide array of projects from various sectors of the economy. Altus Capital invests in undervalued companies, facilitating income on share capital by means of an efficient business model or via an improvement of corporate governance, taking into account the anticipated conditions of the market.

Financial and legal due diligence

The team at Altus Capital consists of highly qualified professionals with unique expertise in the fields of corporate governance and investment. Detailed financial and legal due diligence employed by the company uncovers potential problems that may be prevented, or quickly and efficiently solved.

Structuring and determination of transaction funding source

In structuring transactions, we consider different options for achieving an optimal balance between equity and borrowed capital. Our unblemished reputation and numerous, well-established business partnerships with leading financial institutions in both Russia and European countries, enable us to raise funds promptly, and on favorable terms.

Role of shareholders in management

We strive to assist our portfolio companies to realize their full potential for growth by providing competency in the fields of strategic planning, corporate governance, international partnerships, and fund raising. The degree of participation depends on the particular features of each investment, and does not exclude the direct participation of Altus Capital managers to help portfolio companies in solving specific managerial problems.

Exit strategy

One of the underlying principles of the Altus Capital investment philosophy is a clear exit strategy that is agreed upon at the initial stage of investment decisions. This approach gives us confidence in producing successful results in the long run.

Industry Specialization

Altus Capital focuses on several sectors. Due to continuous analysis of these sectors we have a deep understanding of major trends and react quickly to changes.

Healthcare

Construction materials

Security

Renewable energy sector

Electronics and mechanical engineering

Automation of processes and robotics

Consumer sector

TEAM

Dmitry Klenov

Managing Partner

Sergey Vasiliev

Partner, Managing Director

Andrey Pozhitkov

Partner, Executive Director

Alexander Zaitsev

Executive Director

Alexey Telnov

Investment Director

Vladimir Popov

Counsel Audit & Risk Management

Dmitry Ingal

Risk Management Director

Svetlana Kuzovkova

Senior Legal Counsel

Sergey Kazakov

Senior Legal Counsel

Alexander Novikov

Lawyer

NEWS

New appointment at Altus Capital

Alexander Zaitsev joined the investment fund, Altus Capital, as an executive director. At the company, Mr. Zaitsev will be responsible for new areas of direct investment and the development of the group's investment banking business, including new projects, and attracting investors.

July 5, 2021

Gulf Investment Limited increases its stake in Detsky Mir up to 29,99%

Gulf Investments Limited ("Gulf"), the investment vehicle of Altus Capital, has completed acquisition of 36,920,000 additional shares of PJSC "Detsky mir" ("Detsky Mir") and became holder of 29,99% of the total number of shares of Detsky Mir.

June 2, 2021

Gulf Investment Limited increases its stake in Detsky Mir up to 29,99%

Gulf Investments Limited ("Gulf"), currently holding 25% of the total number of shares in PJSC "Detsky mir" ("Detsky Mir") has entered into binding arrangements pursuant to which it will acquire 36,920,000 additional shares and become holder of 29,99% of the total number of shares of Detsky Mir.
Gulf has already received on April 2, 2021 a clearance from the Federal Antimonopoly Service of Russian Federation approving the foregoing acquisition, which is expected to complete shortly.

April 26, 2021

Altus Capital welcomes new partners

We have an exceptional pool of talent at Altus Capital and we're delighted to welcome two new stars to the firm's partnership team. Sergey Vasiliev joined Altus Capital in 2016 as Managing Director. Mr. Vasiliev focuses on the group's business development, investment strategy and operational efficiency. Andrey Pozhitkov joined the Altus Capital team in 2019 as Executive Director. Mr. Pozhitkov is responsible for development of regional projects in Russia and the CIS, as well as for the development of Altus Capital's presence in Europe.

March 15, 2021

Acceptance of new investors in Altus Capital's investment vehicle

Altus Capital announces having reached arrangements with two additional investors pursuant to which they will become shareholders of sub-fund of Gulf Investments Limited, the investment vehicle of Altus Capital through which it holds 25% of the total number of shares in PJSC "Detsky mir".

January 21, 2021

Altus Capital invests 30 million rubles to the crowdlending platform «Smally»

The international investment group Altus Capital, represented by its Managing Partner Dmitry Klenov, acquired a stake in Smartinvest, the operator of the crowdlending platform for financing public procurements Smally.

December 30, 2020

Altus Capital Launches a Tender Offer for Shares in Public Joint-Stock Company Detsky Mir

Altus Capital through its investment vehicle announces today an invitation to eligible holders of ordinary shares of Public Joint-Stock Company "Detsky mir" to submit applications to sell for cash ordinary registered shares of Detsky mir PJSC on the terms and conditions set forth in the Tender Offer Memorandum, dated November 30, 2020. As a result of the Tender Offer the Offeror intends to purchase up to 220,961,000 Shares, constituting 29.9% of the total number of issued and outstanding Shares.

November 30, 2020

Tink acquires Swedish open banking platform technology provider Instantor from Altus Capital

International investment group Altus Capital sold its stake in Instantor, credit decision solutions provider, to leading open banking platform Tink.

July 13, 2020

Altus Capital announces a new investment fund focusing on financial technology with its total volume of up to USD 100 million

Altus Capital, an independent investment group, announces the launch of AC Fintech Investments Fund. The new platform will have a bias towards the FinTech sector and related industries with a focus on European and global markets. Several investors and partners have already confirmed their readiness to cooperate. Furthermore, shareholders of Altus Capital also plan to invest their own money using the fund.

September 16, 2019

Altus Capital won SPEAR'S Russia Wealth Management Awards 2017

Altus Capital is granted Start of the year (2017) by SPEAR'S Awards. The winners of SPEAR'S Russia Wealth Management Awards 2017 were announced at the Awards Ceremony, which was held on 18 December 2017 at the Mossovet theatre in Moscow.

December 18, 2017

Contacts

82 Akropoleos Avenue, 1st Floor,
2012 Akropolis, Nicosia, Cyprus

T+357 22 107 242

2, Tsvetnoy blvd,
127051, Moscow, Russia

T +7 495 252 16 16

25A, Boulevard Royal
L-2449 Luxembourg

T +352 26 631 420

Cyprus

Russia

Luxembourg

E info@altusca.com