Context
ANIF created a co-investment vehicle for Armenian companies in response to the pandemic’s economic effects.
Objective
Provide growth capital to private companies through investments with defined exit structures.
Role
ANIF portfolio during Aleksei Veretenov’s tenure as Deputy CEO and Vice President for Strategy and Marketing.
Approach
- Equity stakes of up to 49% with pre-agreed holding and exit terms.
- Diversification across industries.
- Tranche-based financing and investment monitoring.
Outcome
The first 2021 investment phase covered approximately AMD 4.73bn; AMD 80bn was an overall envisaged ceiling, not capital already deployed.