Team: Elena Suslova
History: Greater Europe Deep Value Fund (“DVF”) was incepted in 3Q 2006 and focuses on longer-term, less liquid value investment opportunities, capital protection over the medium term, and owner-managers.
Strategy: The Investment Adviser seeks value-add investments not only through identifying value opportunities, but also by pursuing an activist strategy. The aim is to propose improvements in corporate governance, strategy and finance, as well as in public, government and international relations in order to “extract the diamond from the rough”. DVF investments are typically minority investments that rely on motivated partners to lead the business. When applicable, the Investment Adviser proposes changes that align interests among all concerned parties. The Fund’s major investment themes revolve around the Russian electricity sector (electricity distribution companies), real estate (land development), financial services and consumer goods.