Moscow, July 6, 2015- Investment company RMG partners presented the analytical report "Review of the Russian venture market in the 1st quarter,2015".
According to the report, the venture capital market fell almost by half and became the smallest in terms of turnover (68.7 million dollars) and the number of transactions (89). Most transactions on the market (53 out of 89 projects) took place with the support of the state in the face of public, public-private foundations and corporate foundations.
Public funds paid much more attention to IT-projects (30 transactions), biotech and promtech (7 transactions, including PPP) transactions. There were 38 deals in all sectors.
RMG partners research shows that the market is in crisis and requires a balanced approach to investing and finding cooperation with partners to enter the foreign markets, as well as for local projects. RMG partners survey participants confirmed that in the current situation the only well-thought strategy is to make a portfolio diversification and to hire professional managers.