The assets of the Winter Capital fund amounting to $1 billion came under the control of Rockstone Ventures – Kommersant
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The Winter Capital fund, which was a co-owner of the Ivy online cinema, the Banki.ru portal and the Skyeng online English language school, will soon cease to exist. His assets worth $1 billion, including investments in Osome, Uolo, Udemy and more than 10 other technology companies, were acquired by the international investment company Rockstone Ventures.
The press service of Winter Capital said “RIA News”, that new plans of the fund’s partners will be announced later. The amount for which Rockstone Ventures acquired the assets of the investment company and other terms of the transaction were not disclosed.
Experts interviewed by RIA Novosti suggested that Winter Capital partners will launch a new fund with a new strategy in Russia. Rockstone Ventures, which will manage the fund’s assets, positions itself as a private investment company making venture capital investments in emerging markets. Information about the owners of the company, as well as about its projects on website Rockstone Ventures not listed.
Winter Capital was created in 2015 as part of the investment division of billionaire Vladimir Potanin’s Interros company. He invested in the GetCourse training platform, the Ivy online cinema, the Skyeng online school, several technology startups, as well as in companies in Asia, the Middle East, India, and North Africa. In March 2022, Mr. Potanin’s company, according to information Forbesceased participation in the fund’s activities; the reasons for this decision were not disclosed.
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