# Kismet Capital Group

Kismet Capital Group is a Private Equity based in Moscow, Russia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Moscow, Russia
- **Region:** Europe
- **Address:** Moscow, Russia
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** kismet.ru
- **LinkedIn:** https://linkedin.com/company/kismetgroup

## Regulatory record

- **Reports private funds:** No

## About

Kismet Capital Group is a private equity firm that invests in the technology sector. It has launched several SPACs, including Kismet Acquisition One (KSMTU), which acquired Nexters Global, and Kismet Acquisition Two (KAIIU) and Kismet Acquisition Three (KIIIU).

## Sectors

- Media & Entertainment
- Telecom
- Technology

## People

- Ivan Tavrin — Founder

## Questions

### Who runs investment decisions at Kismet Capital Group?

Ivan Tavrin, the founder, is the sole public principal and investment decision-maker. Tavrin previously served as CEO of MegaFon, Russia's second-largest mobile operator, and led media holding company UTH Russia. No investment committee or additional partners are publicly identified. His track record includes building and exiting Russian media and telecom platforms over two decades.

### What is Kismet Capital Group's relationship to Alisher Usmanov?

Ivan Tavrin is a longtime business associate of Alisher Usmanov, the Uzbekistan-born metals and telecom billionaire. Tavrin ran MegaFon, which Usmanov controlled, and has partnered with Usmanov-linked entities on multiple transactions. The precise ownership and control structure of Kismet Capital Group relative to Usmanov's interests has not been publicly detailed, but the two have co-invested in media and telecom assets over the prior decade (per Reuters, 2022).

### How does Kismet source its deals?

Kismet sources transactions through corporate carve-outs from Western strategic and financial owners divesting Russian subsidiaries. The Avito acquisition from Prosus exemplifies the model — a Dutch-listed internet conglomerate seeking an exit from a Russian asset at a regulator-mandated price. Tavrin's network within Russian telecom and media, built over two decades as an operator, provides proprietary visibility into assets before they reach broad auction processes.

### What investment stages does Kismet target?

Kismet targets mature, cash-flow-generating assets requiring operational repositioning rather than venture-stage growth. The Avito acquisition involved a platform with 90%+ market share in Russian online classifieds and substantial profitability. The firm does not invest in early-stage startups or greenfield projects. Its emphasis is on buyouts of established market leaders, particularly those undergoing forced ownership transitions due to sanctions or Russian government-mandated localizations.

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Last updated: 2026-06-03T20:00:00.000Z

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