Finematika

Finematika

Finematika is a Moscow-based private equity and advisory firm that builds its practice around a core team whose experience spans direct investments, corporate finance, tax structuring, and industrial asset management. The firm does not publish a founding year or named principals, but its website details a 15-year track record in Russian and international markets — originating and restructuring over $850 million in syndicated Western-bank loans, $800 million in project finance, and $300 million in corporate and trade facilities. The firm deploys across a broad set of asset classes and stages. Its disclosed venture book considers investments from seed to expansion, with check sizes ranging from $50,000 to $10 million in high-technology projects. On the advisory and structured-finance side, Finematika has closed project-finance mandates in oil refining (a €9 million facility for a small refinery via Promsvyazbank), edible-oil production (a €59 million expansion for a sunflower-oil plant), and telecom infrastructure (a $30 million regional build-out for the SkyLink CDMA network). Geographically, the portfolio concentrates in Russia, with deals in Moscow, St. Petersburg, the Leningrad, Tula, and Smolensk regions, and the Komi Republic. The team size is not disclosed, though Finematika describes its professionals as covering private and venture capital, banking, tax, law, and real-asset management. Beyond its core fund and advisory activities, the firm has structured complex restructurings for mid-market industrial groups — including a $770 million-plus debt restructuring and working-capital raise for an 800-employee auto-components manufacturer via Promsvyazbank and Sberbank. In October 2008, it closed a RUB 100 million working-capital line for a small refinery operator, again through Promsvyazbank, extending its relationship across several transaction phases. What structurally differentiates Finematika is its willingness to serve as both principal and project manager in the same transaction. The firm explicitly states it will take roles as co-investor, project manager, or deal structurer — an integrated model that blurs the line between asset manager and operating partner. This architecture allows it to bridge the execution gap in Russian mid-market deals where family-held industrial groups often lack in-house corporate-finance capacity.