Finam to launch two pre-IPO funds

Finam Financial Group plans to launch two pre-IPO funds of ₽3 billion each in the fall. One of the funds will focus on companies in the IT sector. It will invest in companies that have either a very strong or near-monopoly position in their market segments, benefiting from import substitution. Second fund will have a broader profile, focusing on companies with high growth rates and readiness to IPO within one to one and a half years.