Buran Venture Capital is an early stage VC fund run by a team of successful investment professionals.


alexander konoplyasty

Alexander Konoplyasty

Managing Partner

Israel, Turkey, CIS

michael szalontay

Michael Szalontay

Managing Partner

CEE, CIS

Current / prior experience

Buran Venture Capital, Budapest (2012 - current) – Managing Partner
 
• Co-founded an investment company focusing on start-up investments in Internet in CEE/Israel/CIS
• Completed 6 investments to-date: marketman.biz, shazam, ivi.ru, ponominalu.ru, sravnikupi.ru, EpistoGraph
 
Independent financial advisor (2009-2011):
 
• Debt / equity restructuring of OJSC RBC Information Systems (2009-2010), including restructuring of c. US$260m of debt, sale of 51% stake for US$80m to ONEXIM, sale of RBC Bank
• Acquisition of a significant minority stake in Net-By-Net Holding by Ivan Tavrin(2010);
• Sale of 100% in Ventrade, Russia’s leading ventilation and A/C distributor to SystemairAB, a Swedish public company (2011)
 
UBS, Moscow (2005-2009) – Investment Banking, Director/Associate
 
• Coverage banker for media/telecom and financial services in the CIS
• Completed over 20 investment banking transactions in Russia and Ukraine
• Wide experience of leading all types of corporate finance transactions: M&A, IPO, private placements, leverage buy-outs, raising and restructuring debt. Mostly acted as execution “deal captain”
 
Morgan Stanley, London (2003-2005) – Investment Banking, Analyst
 
• European Telecom Media Technology group
• Leveraged finance group
 
PricewaterhouseCoopers, Moscow (2002-2003) – Transaction Support, Consultant

Current / prior experience

Buran Venture Capital, Budapest (2012 - current) – Managing Partner
 
• Co-founded an investment company focusing on start-up investments in Internet in CEE/Israel/CIS
• Completed 5 investments to-date: bonusway.com, getintent.com, netology.ru, sravnikupi.ru, EpistoGraph
 
Renaissance Partners, Moscow (2010) – Director
 
Renaissance Private Equity / Elbrus Capital, Moscow (2007-2010) –Director/Vice president
 
• Establishing and raising a US$660m private equity fund
• Execution team-leader on investments in DST and Media-One
• BoDmember and fund team-leader in Media-One
• Participated in post-crisis fund restructuring and commitment reduction to US$325m and the buy-out of the management company from Renaissance Partners and its independent establishment as Elbrus Capital
• Two completed PE deals: DST (2007-2009, US$10m for RP)– 2.0x, 41% IRR; DST (2007-2010, US$15m for RPE) – 2.8x, 45% IRR
 
Renaissance Capital, Moscow (2004-2007) – Investment Banking, Associate/Analyst
 
• Completed over 15 investment banking transactions in Russia and Ukraine, including M&A, equity and debt capital markets deals. Mostly acted as execution “deal captain”
• Two PE deals: MTB Odessa (2007, US$1.7m) – 1.3x, 58% IRR; ETI Africa (2006 entry, US$30m) – 3.3x, 150% IRR upon exit
 
PricewaterhouseCoopers, Moscow (2002-2003) – Assurance and Business Advisory -  Financial Services, Senior consultant/Consultant

 

Education

Moscow State University for International Relations (MGIMO), Advanced Bachelor of Arts (Specialist) in Economics (1998-2003)

Education

Moscow State University for International Relations (MGIMO), Advanced Bachelor of Arts (Specialist) in Economics (1998-2003)