Prosperity Capital Management is a leading asset manager focussed solely on equity investment opportunities in Russian and other Former Soviet Union companies.
Prosperity’s investment philosophy is based on a long-only, bottom-up, fundamental-value and an active investment approach. We seek to benefit from the significant value generated from the ongoing modernisation, restructuring and consolidation processes in our investee companies. We also actively work to improve corporate sustainability and pay particular emphasis on corporate governance. In general, Prosperity’s investment philosophy can be described as a bottom-up search for companies that are adding value through internal modernisation and consolidation.
Prosperity firmly believes that the successful transformation of companies from Soviet-era “production units” to more modern, “Western-style” corporations generates tremendous productivity growth – which in turn is a key driver of economic growth and shareholder returns over the long-term. In addition, Prosperity places an emphasis on the quality of corporate management and seeks to invest in companies that already benefit from superior management or where management or ownership change has the potential to generate significant shareholder value.