It is the second such fund launched by Da Vinci, which has about $245 million under discretionary and advisory management. In 2007, Da Vinci launched the Private Sector Growth Fund (PSGF) focusing on private companies planning an initial public offering or a management buyout in the next two to four years as well as selected small-cap listed companies in Russia and the rest of the CIS. In May 2008, PSGF was the first fund to be listed on the London Stock Exchange’s Specialist Fund Market.
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