November 28, 2018

UFG Private Equity announces that its Fund III has completed acquisition of a large minority stake in Russian Towers from its co-investor Macquarie Russia & CIS Infrastructure Fund (MRIF). Amount and terms of transaction are not disclosed. Russian Towers is the leader of independent telecom infrastructure market in Russia, it owns and operates passive infrastructure and provides co-location solutions for mobile operators.

Financial Times has published its ratings of Europe’s top hedge funds. UFG Special Situations Fund, with return of 16.29% net on a three-year annualised basis, was listed among the top five Funds.

“Sometimes it is the low-profile companies that make big money”

UFG Asset Management has been featured in Barclay Hedge’s monthly performance rankings, please find below:

• UFG Russia Select Fund has ranked # 2 in the Emerging Markets Equity — Eastern Europe/CIS category for April 2018;
• UFG Russia Select Fund has ranked # 3 in the Emerging Markets — Eastern Europe/CIS category for April 2018.