OREANDA-NEWS. Enterprise emerging markets fund B.F. (EEMF) through participation in Prioritet LLC increased the authorized capital of Vneshprombank Ltd. for the RUB 800 million, having paid in total RUB 1,5 billion. Current total assets: 2,192 billion USD.

EEMF is specialized in investment management services. Its strengths are founded on the commitment to find the best investment solutions for each investor and provide unsurpassed servicing.

The Fund's investment purpose is to provide investors with superior absolute returns by investing primarily in equity and debt obligations in emerging markets. The investment manager seeks to identify assets, which at present are not widely traded, and for which no large or established market exists, or which are priced at a levels which, in the opinion of the investment manager, undervalues the relevant assets. Such assets may be the subject of future restructuring or renegotiation, which in the opinion of the investment manager will result in the upward revaluation of these assets.

The Fund seeks to achieve its objective primarily by locating, analyzing and investing in new, as well as established private growth-oriented enterprises located in emerging markets (including BVI - 24,64%, UAE - 19,81%, Saudi Arabia - 17,16%, India - 13,73%, Indonesia - 7,43%, etc), according to significant capital appreciation over a medium to long-term investment cycle of 5-10 years. The main industries of investments are Real estate (50,29%), Financial investments (15,30%) and Oil and gas (11,63%).

Enterprise emerging markets fund B.F. is managed by Amicorp Fund Service N.V. Amicorp Fund Services is a premier fund services provider offering comprehensive Fund Administration Services, Corporate Management Services, Fund Set-Up & Fund Structuring Services for traditional and alternative investment funds.

Vneshprombank Ltd. was founded in 1995, July. According to the latest ranking of Russian banks regularly updated by the experts from the Interfax Center for Economic Analysis, following the results of the 2nd Quarter of 2013 Vneshprombank Ltd. has risen to 41st place (+19.48 %) by asset size (143,329,529 thousand rubles). By equity capital size, Vneshprombank ranks 57th with 10,548,850 thousand rubles (+7.05 %). Retained earnings in the amount of 1,066,833 thousand rubles enabled Vneshprombank to secure 32nd place in the corresponding ranking.