Lawyers from the Moscow office of White & Case have advised US-based private equity fund Resource Capital Fund VII L.P., on its indirect equity acquisition of 35 percent of RG Gold, a gold mining company based in Kazakhstan.
White & Case describes Resource Capital Funds VII L.P. as "one of the leading global private equity funds focused on mining projects. Verny Capital, a major Kazakhstan private equity fund, owned RG Gold and remains a majority shareholder."
"This has been an important transaction and a new type of deal whereby a private fund has made an investment into the local mining project," said Maxim Telemtayev, White & Case's Executive Partner in Astana, who led the deal team.
In addition to Telemtayev, the White & Case team advising on the transaction included Moscow-based Counsel Adam Smith, Local Partner Nikolay Feoktistov, and Associate Evgeny Chernyavsky, and Astana-based Associates Tatyana Lee and Assel Meiramgaliyeva.