Mikhail Marnachev
partner
Moscow
Mikhail specialises in M&A transactions, joint ventures and complex intra-group restructurings.
He also has considerable experience of advising on both raising and providing financing, and regularly assists the firm’s clients in implementing Russian and cross-border investment projects.
Advised UMMC, a Russian metals and mining major, on a complex cross-border deal for acquiring all the assets of Petropavlovsk Plc, one of the country’s biggest gold mining companies. Deal value: $600 m+ (2022)
Advising a venture capital fund focusing on impact investing on investments in several socially significant startups: charity services through mobile games, collection and recycling of waste materials, etc. (2022-present)
Advising an international investment group on a gas project in Uzbekistan for exploration of a gas field, future production under the terms of a production sharing agreement, and construction of a gas chemical complex. Total investment: $5.5 bn (2017-present)
Advised two lenders — Russia’s biggest bank, Sberbank, and Gazprombank, a Russian Top-3 bank — on syndicated loan financing for ten years to Messoyakhaneftegaz, a joint venture of two Russian Top-5 oil corporations, NK Rosneft and Gazprom Neft. Deal value: ₽100 bn ($1.6 bn) (2017)
Advised a Chinese real property major on the envisaged acquisition of a controlling stake in a Russian company with a large portfolio of commercial real estate in Moscow. Deal value: $650 m (2017-2018)
He also has considerable experience of advising on both raising and providing financing, and regularly assists the firm’s clients in implementing Russian and cross-border investment projects.
specialisation
experience
Advised Gazprombank on the deal of the year: acquisition from Sweden’s Ingka Centres of the Russian Mega chain, 14 shopping centres with a total area of about 2.3 million sq. m. Asset value: over €2 bn (2023)Advised UMMC, a Russian metals and mining major, on a complex cross-border deal for acquiring all the assets of Petropavlovsk Plc, one of the country’s biggest gold mining companies. Deal value: $600 m+ (2022)
Advising a venture capital fund focusing on impact investing on investments in several socially significant startups: charity services through mobile games, collection and recycling of waste materials, etc. (2022-present)
Advising an international investment group on a gas project in Uzbekistan for exploration of a gas field, future production under the terms of a production sharing agreement, and construction of a gas chemical complex. Total investment: $5.5 bn (2017-present)
Advised two lenders — Russia’s biggest bank, Sberbank, and Gazprombank, a Russian Top-3 bank — on syndicated loan financing for ten years to Messoyakhaneftegaz, a joint venture of two Russian Top-5 oil corporations, NK Rosneft and Gazprom Neft. Deal value: ₽100 bn ($1.6 bn) (2017)
Advised a Chinese real property major on the envisaged acquisition of a controlling stake in a Russian company with a large portfolio of commercial real estate in Moscow. Deal value: $650 m (2017-2018)
