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Empresas y finanzas

Dragon Capital Sells Minority Stake to Goldman Sachs


    Dragon Capital is pleased to announce that it has sold a small
    minority stake to Goldman Sachs, which acquired it as a financial
    portfolio investment.

    Goldman Sachs has invested in Dragon Capital via a share capital
    increase. The deal, which is not subject to regulatory approvals in
    Ukraine and other jurisdictions, closed today. Dragon Capital´s
    management continues to control the firm and run its day-to-day
    operations following the entry of the new minority shareholder.

    Tomas Fiala, Dragon Capital´s Managing Director and controlling
    shareholder, commented: "This development is recognition of the
    professionalism and success of our 120-strong multi-national team and
    of our track record of triple-digit returns on equity. It underscores
    our progress over the past seven years, which saw Dragon Capital grow
    from a brokerage operation into Ukraine´s largest full-service
    investment bank and one of the top 10 financial institutions in the
    country by market value."

    ABOUT DRAGON CAPITAL

    Dragon Capital (www.dragon-capital.ua) is Ukraine´s largest
    securities brokerage, investment banking, private equity and asset
    management firm offering a full range of services to institutional,
    corporate and private clients. Established in 2000, the company is an
    independent partnership controlled by management, with a small
    minority stake held by Goldman Sachs. Dragon Capital is the largest
    broker on the Ukrainian stock market, with a 34% market share in 2007.
    The firm has completed 20 IPOs and private placements for Ukrainian
    companies since 2005, raising $1.5bn. Dragon´s asset management arm
    has nearly $1bn under management. Financial magazine Euromoney has
    recognized Dragon Capital as the Best Equity House in Ukraine in 2002
    and 2004-2007.

    ABOUT GOLDMAN SACHS

    Goldman Sachs is a global investment banking, securities and
    investment management firm. It provides a wide range of services to a
    substantial and diversified client base that includes corporations,
    institutional investors, governments, non-profit organisations and
    high-net-worth individuals. Its headquarters is in New York and it
    maintains significant offices in London, Frankfurt, Tokyo, Hong Kong
    and other financial centres around the world.