Baring Vostok hires two

Russia and the CIS PE investors Baring Vostok Capital Partners, part of the Baring Private Equity International, has appointed Sergey A Abramov and Philippe Der Megreditchian as partners.

Abramov will be responsible for government relations and business development. For the past four years he has worked for the Administration of the President of the Russian Federation. Previously, he was the first deputy chairman of the committee for telecommunications and mass media of the Moscow Government. Earlier in his career, he delivered professional services in corporate governance and investment policy at a number of large banking and investment structures in Russia.

Der Megreditchian, who will be responsible for project management and business development, is the former chief executive of Eagle Venture Capital, a Moscow-based private equity firm that oversees four regional investment funds of the European Bank for Reconstruction & development (EBRD.) In 1997, Der Megreditchian founded and managed Meridian Capital, a Moscow-based M&A Advisory firm specializing in mid-market transactions. Prior to this, Der Megreditchian worked at Credit Commercial de France and Framlington Investment Management as an investment analyst.