Mikhail Marnachev
counsel
Moscow
Mikhail specialises in M&A transactions, joint ventures, and complex intra-group restructurings.
He also has considerable experience advising on both attracting and providing financing, and regularly assists the firm’s clients in implementing Russian and cross-border investment projects.
Advised a Russian private investor on setting up a venture capital fund specialising in ESG projects and promoting start-ups with female founders. Investment: up to $5 m (2021)
Advised two lenders – Russia’s largest bank, Sberbank, and Gazprombank, in the Russian TOP-3 – on syndicated loan financing for 10 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)
Advising an international investment group on a gas project in Uzbekistan for the exploration of a gas field, future production under the terms of a production sharing agreement, and construction of a gas chemical complex. Total volume of investments: $5.5 bn (2017-present)
Advised a Russian private investor on entering into a project for the joint construction and development of a multipurpose commercial, business, and residential complex in Belgrade, Serbia. Volume of investments: €83 m (2018-2020)
Advised a private investor on the purchase of a 25% stake in a large international oil & gas drilling company for $75 m (2016-2017)
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, project on hold)
He also has considerable experience advising on both attracting and providing financing, and regularly assists the firm’s clients in implementing Russian and cross-border investment projects.
specialisation
experience
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)Advised a Russian private investor on setting up a venture capital fund specialising in ESG projects and promoting start-ups with female founders. Investment: up to $5 m (2021)
Advised two lenders – Russia’s largest bank, Sberbank, and Gazprombank, in the Russian TOP-3 – on syndicated loan financing for 10 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)
Advising an international investment group on a gas project in Uzbekistan for the exploration of a gas field, future production under the terms of a production sharing agreement, and construction of a gas chemical complex. Total volume of investments: $5.5 bn (2017-present)
Advised a Russian private investor on entering into a project for the joint construction and development of a multipurpose commercial, business, and residential complex in Belgrade, Serbia. Volume of investments: €83 m (2018-2020)
Advised a private investor on the purchase of a 25% stake in a large international oil & gas drilling company for $75 m (2016-2017)
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, project on hold)
