VTB Capital has named Alexey Zabotkin as its new head of investment strategy.
Zabotkin will be transferring to the group from VTB Asset Management, where he had served as Chief Investment Officer and deputy CEO since September 2009.
Previously, he was CIO with United Capital Partners, a Russian private asset management company and in research at UFG.
[Via emergingmarkets.me]
Novatek, Russia’s largest independent gas producer and the second-largest natural gas producer in Russia, has acquired an additional 26% equity stake in OOO Oiltechprodukt-Invest, OOO Petra Invest-M and OOO Tailiksneftegas from United Capital Partners Oil and Gas Private Equity Fund, L.P.
The acquisition increases Novatek’s participation interest in these companies to 51%.
The acquired entities hold exploration licenses in five license areas in the rich Yamal Nenets Autonomous Region (Sredniy Chaselskiy, Severo Russkiy, Zapadno-Tazovskiy, Anomalniy and Severo-Yamsoveyskiy).
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