Moscow, April 12, 2012. Frontier Ventures, a new venture capital fund focused on supporting entrepreneurs in the Russian-speaking consumer Internet industry today announced that Gregory Finger has agreed to accept a key role on the Fund’s Advisory Board. Finger brings a wealth of experience to the role both as an Internet investor and entrepreneur.
Gregory Finger has over 20 years of professional experience in private equity and venture capital. From 1992 until 2005, he headed the Moscow office of New Century Holdings (NCH), one of the largest investors in Russia and Eastern Europe, where he worked with more than 15 investment funds. In 1999, together with Yury Milner and NCH Advisors he launched netBridge, one of the first investors in Mail.ru, which later launched its IPO on the London Stock Exchange. In 2005, again with Yuri Milner, he set up Digital Sky Technologies, the fund which invested in Facebook, Zynga, Groupon and ICQ as well as in Russian businesses Mail.ru, Odnoklassniki and VKontakte.
Gregory is a natural fit for Frontier Ventures, whose founding partners are themselves serial entrepreneurs with a strong track record in investing in successful internet companies. “I look forward to working with the team at Frontier Ventures,” says Finger, “the role of the Fund is to support promising companies develop into leaders in their segment in the Russian-language Internet. We share the same goals and passion for working in the Russian consumer Internet service sector.”
Founding Partner at Frontier Ventures, Dmitry Alimov, says Gregory brings more than just enormous experience, “he brings his vision and that counts for a lot in the Internet service sector. Time and time again Gregory has been able to identify the Internet companies that have the potential to lead in their sectors and he comes to the business as a trusted advisor.”
Frontier Ventures Founder, Dmitry Alimov is himself an Internet entrepreneur with hands-on experience in the launch and development of leading online consumer services. He invested in and built Russian online video provider ivi.ru and group-purchasing site Biglion.ru, both leaders in their sectors. “In the end we’re entrepreneurs looking to work with entrepreneurs’, says Alimov, “we believe in the future of the Internet and we offer more than financial resources – we’re able to share our expertise and experience in taking businesses to the next level and realizing their full potential”.