News

Press-release of Gulf Investments Limited

November 18, 2021 – Gulf Investments Limited (“Gulf”), the investment vehicle of Altus Capital, hereby announces about liquidation of Gulf’s sub-fund that currently holds 29,99% of the total number of shares in PJSC “Detsky mir” (“Detsky Mir”). To give effect to this arrangement, 10% of the total number of shares in Detsky Mir will be transferred to a company beneficially owned by Mr. Dmitry Klenov and remaining 19,99% of the total number of shares in Detsky Mir will be transferred to a company beneficially owned by Mr. Pavel Grachev and Mr. Mikhail Stiskin.

Dmitry Klenov, Managing Partner of Altus Capital:

“In order to optimize the ownership structure, it was decided to dissolve the sub-fund and to opt for a direct ownership of PJSC “Detsky Mir” shares by sub-fund’s investors. This does not howsoever affect the investors’ assessment of the company's prospects - we continue to believe in it and see long-term prospects for increasing the value of PJSC “Detsky” Mir as a leading player with a strong brand and a compelling omnichannel offer for its customers.”


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Altus Capital is an independent investment firm focusing on primarily fast-growing companies. Altus Capital’s investment strategy focuses on sector-wise diversification, visible exit strategy and high growth potential. Altus Capital is not limited to geographical restrictions but traditionally focuses on the Russian market. Altus Capital was founded in 2014 by two partners of UFG Wealth Management Ltd. – Oksana Kuchura and Dmitry Klenov.