DLA Piper has advised Safmar Financial Investments on the sale of 100% of its shares in the non-state pension fund Mospromstroy-Fond to investment group Russkiye Fondy's non-state pension fund Vneshekonomfond.
According to the firm, SFI is a public investment holding, with its portfolio consisting of leasing, insurance, pension, brokerage assets, and IT startups. The holding also invests in industrial and retail companies.
Earlier this year, DLA Piper advised SFI on its exit from the Safmar non-state pension fund (as reported by CEE Legal Matters on April 26, 2021).
DLA Piper's team was led by Partner Evgeny Glukhov and included Senior Associate Evgenia Kudryashova and Paralegal Alexandra Khvorostyanova.