Richard Sobel a former ING Baring Executive appointed Chief Executive Officer of Alfa Private Equity Ltd., and affiliate of Alfa Bank, Russia
22 Dec 2003
From 1994-1997 Mr. Sobel founded and ran Baring Asset Management"s $160 million First NIS Regional Fund, SICAF. While at Barings Sobel"s distinguished Russian investment track record includes investments he led in Vimpelcom, Golden Telecom, Borjomi, Burren Energy, Global Telesis and Alfa Cement among others. Sobel subsequently worked with CIBC Oppenheimer & Co. in Russia, and prior to Barings worked with the European Bank for Reconstruction and Development, based in Moscow, and with Bain and Company in Boston, MA. From 1999 to early 2003 Sobel was a senior executive at New York based PartMiner, Inc., a leading on-line content provider and market maker for the global semiconductor industry.
Alex Knaster, CEO of Alfa Bank commented, "We have known and worked with Richard Sobel for many years, and are very pleased to have his experience and energy to lead this important area of the Bank". In an interview to Bloomberg November 26, Sobel commented, "For private equity in Russia, Alfa is the best platform with unparalleled experience and resources."Sobel added, "Alfa Private Equity represents a strategically and financially important business for the Bank. We are committed to enhancing investor and client trust by continuing to deliver strong investment returns to the Bank and its partners and by supporting capable management teams in their efforts to create highly successful companies".
Sobel is a fluent Russian speaker, with an MBA from Harvard Business School and a bachelors degree in economics from Stanford University.
For more information please contact
Alfa Private Equity Limited
Staraya Basmannaya, 7/2
Moscow, Russia
Tel. +7 095 775-1828
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