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Fonte Capital Ltd exits shareholding in JSC «IVA Partners»

On November 19, 2024, Fonte Capital Ltd successfully completed its exit from the shareholding of the Russian investment company JSC «IVA Partners».

Fonte Capital Ltd exits shareholding in JSC «IVA Partners»

It is worth noting that in February 2023, Fonte Capital Ltd acquired 100% of the authorized capital of LLC «IVA Partners» as a portfolio investment through the Fonte Hedge Fund OEIC Limited. The transaction was motivated by the stable financial performance of IVA Partners and its significant potential for growth in the medium term.

From 2023 to 2024, the team at IVA Partners carried out a large-scale business transformation. The company was reorganized and converted into a Joint Stock Company, which significantly strengthened its market position.

After successfully achieving its investment objectives, Fonte Capital Ltd decided to exit its shareholding in JSC «IVA Partners», concluding the deal with a positive financial outcome and focusing its efforts on new strategic directions.

«The investment in JSC «IVA Partners» is a successful example of our strategy aimed at unlocking a company’s potential and creating significant added value. Fonte Hedge Fund OEIC Limited’s involvement as a shareholder was a key factor in enabling IVA Partners to undergo a transformation that resulted in an increase in its market value and the establishment of a foundation for further development.

Having achieved all strategic objectives, we decided to exit our shareholding in JSC «IVA Partners» to allocate resources to new, promising investment opportunities» said Yerzhan Mussin, CEO of Fonte Capital Ltd.