Igor Linshits

Last updated

Igor Linshits
Alma mater Lomonosov Institute of Fine Chemical Technology

Igor Linshits is a Georgian-born, London-based entrepreneur, founder of Delin Capital, Delin Property, and Delin Ventures.

Contents

Career in Russia

In 1988, Linshits established his first business manufacturing hairbrushes and combs. In 1990, he and his partners started a business in trading and processing oil products that quickly grew into one of the largest businesses of its kind in Russia. In 1993, he spun off from his partners to establish his own business, Neftyanoi. Neftyanoi initially focused on trading commodities, especially oil products such as wheat and cotton, before moving into direct investments. Its most prominent deals involved Lukoil-Neftekhim and mail.ru.

In the late 1990s, Linshits invested in a petrochemical plant. Then, in partnership with Lukoil, he established Lukoil-Neftekhim, previously known in English as Lukoil Chemical. Linshits sold his shares to Lukoil in 2000. [1] Also in 2000, in cooperation with Yuri Milner, he bought a 10% stake in mail.ru, then a largely unknown Russian internet portal. [2] Over the next few years, he increased his ownership stake to more than 30%. Together with Milner, Linshits took an active role in the development of mail.ru, now Russia’s second largest internet company by revenue. [3]

While in Moscow, Linshits developed a number of real estate projects. The largest was Silver City; a 60,000 square meter, class A office building located in the centre of Moscow. [4]

Career in the U.K.

In 2009, Linshits immigrated to the U.K., where he became a citizen and founded Delin Capital, [5] a private investment company that includes Delin Property [6] and Delin Ventures. [7]

Linshits established Delin Property to capitalize on ecommerce’s impact on commercial real estate. Today Delin Property is a leading pan-European investor, developer, and manager of logistics real estate. In 2017, Delin Property concluded a partnership with Blackstone to acquire prime logistics assets in Germany, Benelux, and the U.K. [8] Linshits currently serves as Chairman of the Investment Committee at Delin Property.

Linshits established Delin Ventures as a follow-up to his success with mail.ru. Delin Ventures, an early-stage life sciences and technology investor, supports emerging venture fund managers as well as making direct investments in early-stage companies. At present, Linshits serves as a member of the Investment Committee at Delin Ventures. In 2018, Linshits became the Chairman of the Investment Committee for Stride.VC, [9] a venture capital firm targeting seed-stage startups, [10] founded by Fred Destin [11] and Harry Stebbings. [12]

Personal life

In 2004, Linshits appointed his close friend Boris Nemtsov, a well-known and outspoken member of the Russian opposition, as the Chairman of Neftyanoi.[ citation needed ] Nemtsov was assassinated in 2015 by unknown parties. [13] Subsequent to Nemtsov’s appointment, the Russian authorities accused Linshits and a number of employees of a subsidiary of banking regulation violations. [14] In 2006, Linshits chose to emigrate from Russia. All charges against him were dropped in 2010. [15]

Related Research Articles

<span class="mw-page-title-main">Blackstone Inc.</span> American alternative investment company

Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than US$1 trillion in total assets under management, making it the largest alternative investment firm globally.

<span class="mw-page-title-main">Lukoil</span> Russian oil company

The PJSC LukoilOil Company is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies merged. The original companies were named after their respective towns in Khanty–Mansi Autonomous Okrug that each was based in; Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz. Its new name is the combination of the acronym LUK and the English word "oil".

<span class="mw-page-title-main">VK (company)</span> Russian internet company

VK, known as Mail.ru Group until 12 October 2021, is a Russian technology company. It started in 1998 as the parent company of Mail.ru, an e-mail service and went on to become a major corporate figure in the Russian-speaking segment of the Internet.

<span class="mw-page-title-main">VK (service)</span> Russian social media and social networking service

VK is a Russian online social media and social networking service based in Saint Petersburg. VK is available in multiple languages but it is predominantly used by Russian speakers. VK users can message each other publicly or privately, edit these messages, create groups, public pages, and events; share and tag images, audio, and video; and play browser-based games.

<span class="mw-page-title-main">ICT Group (Russia)</span>

The ICT Group, also spelt IST Group, was an investment venture based and operated in Russia from 1991 until 2013.

<span class="mw-page-title-main">Alexander Zhukov (businessman)</span> Russian businessman (born 1954)

Alexander Borisovich Zhukov is a Russian-born British businessman. He is the founder and major owner of the international investment group Interfinance, investing in port and transport infrastructure, food industry and real estate, as well as engaged in portfolio investments. The assets of Interfinance group currently include transshipment port terminals in Russia and Ukraine, Iceberry group of companies - the Russian ice-cream producer and distributor, development projects in Russia and Ukraine, road construction business and insurance business in Ukraine.

SIBUR is a Russian petrochemicals company founded in 1995 and headquartered in Moscow.

<span class="mw-page-title-main">Yuri Milner</span> Israeli entrepreneur and physicist (born 1961)

Yuri Borisovich (Bentsionovich) Milner is a Soviet-born Israeli entrepreneur, investor, physicist and scientist. He is a co-founder and former chairperson of internet company Mail.Ru Group, and a founder of investment firm DST Global. Through DST Global, Milner is an investor in Facebook, Twitter, Airbnb, Spotify, Byju's, Flipkart, Wish, JD, Alibaba, Nu Bank, and many other enterprises.

<span class="mw-page-title-main">Russian Direct Investment Fund</span> Fund established by the Russian government in June 2011

The Russian Direct Investment Fund is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the world's largest institutional investors, direct investment funds, sovereign wealth funds and leading companies.

Dmitry Alimov is a Silicon Valley–based entrepreneur and investor in technology businesses, founder and managing partner of the investment fund Frontier Ventures, and co-founder of the online video service ivi.tv. He worked as a senior manager in companies such as Access Industries, TNT, Amedia, ru-Net Ltd, and Sputnik Group. In 2012, Russian business magazine, Secret Firmy, named Alimov as one of the Top-50 Russian Internet Millionaires. In 2016 the European CEO magazine named Dmitry Alimov Entrepreneur of the Year.

<span class="mw-page-title-main">Prologis</span> American real estate company

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.

<span class="mw-page-title-main">IFD Kapital Group</span>

IFD Kapital Group, earlier also called IFD Capital Financial Group, is a Russian financial holding company founded in 2003 from LUKoil non-oil assets, based in Moscow. With assets exceeding US$14.7 billion and total shareholders’ funds of 7.5 billion US$ as of 2012, it ranked among the top-100 largest Russian companies by volume of proceeds, according to ratings of Expert-400 and finance500.com. As of 2013, it had a triple A rating with a Russian rating agency.

<span class="mw-page-title-main">Lev Binzumovich Leviev</span> Israeli-Russian entrepreneur and investor

Lev Binzumovich Leviev is a Russian entrepreneur and investor, founder of international venture capital firm LVL1, co-founder of Russia's largest social network VK.com and the Selectel data center network.

<span class="mw-page-title-main">Patrizia SE</span> Investment manager in the real estate market across Europe

Patrizia SE has been active as an investment manager in the real estate market across Europe for more than 38 years. Based in Augsburg, Germany, the company is listed on the Frankfurt stock exchange and, among others, is a member of the SDAX and MSCI World Small Cap Index.

Serge Faguet is a Russian internet entrepreneur in Silicon Valley and Russia. He is the founder of Tokbox, a PaaS video communications company; Ostrovok.ru, a Russian online travel company; and Mirror AI, a computer vision consumer application.

<span class="mw-page-title-main">GLP (company)</span> Singaporean logistics provider

GLP is a global owner, developer and operator of logistics real estate, digital infrastructure and renewable energy. GLP also invests in and incubates new businesses that improve efficiency and drive growth across it's platforms. The company's warehouses serve logistics service providers, manufacturers, retailers and e-commerce companies such as Amazon and JD.com.

<span class="mw-page-title-main">DST Global</span> Venture capital firm

DST Global is a venture capital and private equity firm that primarily invests in late-stage internet companies. DST Global has been described as one of the largest and most influential venture firms in the world, with an estimated $50 billion in assets under management. DST Global's founder is Yuri Milner and its co-founders are Saurabh Gupta, John Lindfors, Rahul Mehta and Tom Stafford. The company was founded in 2009 as a spinoff from Russian company Digital Sky Technologies, which became Mail.ru Group. In the early 2010s, DST Global international investments were focused on emerging markets such as China.

Tricon Residential is a Canadian real estate company. The company invests in single-family rental and multi-family rental homes, and owns about 31,000 properties across the United States and Canada. As of February 2021, the company had about $8.2 billion of assets under management.

Harry Stebbings is a British venture capitalist who started "The Twenty Minute VC" podcast and in 2020 launched his own venture capital fund.

Cain International is a privately held real estate investment firm headquartered in London.

References

  1. ↑ "Игорь Линшиц: от расчесок к опале. Алина Ребель. Евреи в России: самые влиятельные и богатые. Книги по истории онлайн. Электронная библиотека". historylib.org.
  2. ↑ "African Naspers buys 30% stake in one of Russia's biggest internet portals". C-News. 24 January 2007. Archived from the original on 26 December 2007. Retrieved 30 January 2020.
  3. ↑ Фролов, Андрей (27 February 2017). ""Яндекс» опередил Mail.Ru Group в рейтинге самых дорогих интернет-компаний России по версии Forbes — Офтоп на vc.r"". vc.ru.
  4. ↑ "O1 :: Press releases". www.o1properties.ru. Archived from the original on 30 June 2018. Retrieved 23 March 2018.
  5. ↑ "Delin Property | Logistics Real Estate | Delin Property". www.delinproperty.com.
  6. ↑ "Delin Property". Delin Property.
  7. ↑ "Delin Ventures". Delin Ventures.
  8. ↑ staff2017-04-11T13:53:00+01:00, I. P. E. "Blackstone, Delin Capital create European logistics joint venture". Real Assets.{{cite web}}: CS1 maint: numeric names: authors list (link)
  9. ↑ "Stride". stride.vc.
  10. ↑ "It's official: London-based Stride.VC raises £50M seed fund". 15 October 2018.
  11. ↑ "Fred Destin". Forbes.
  12. ↑ Campbell, Colin (21 September 2019). "Why Harry Stebbings Will Be One Of The Best VC's of All Time". Medium.
  13. ↑ Yaffa, Joshua. "The Unaccountable Death of Boris Nemtsov". The New Yorker.
  14. ↑ "Energy news, News in oil and gas industry, Energy sector news". Archived from the original on 6 March 2018.
  15. ↑ "Criminal Charges Dropped for Former Neftyanoi Bank Owner | News | The Moscow Times". old.themoscowtimes.com. Archived from the original on 6 March 2018.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.