Eagle Russia Fund (ERF) was launched at the end of 2006 and closed in 2007 with a capital of $30m. The ERF has made four investments by the first quarter of 2008 and is fully invested. The main sponsors are GIMV (www.gimv.be), one of the leading capital houses in Belgium and VTB Bank Europe, a subsidiary of VTB (www.vtb.ru) , the second largest bank in Russia.
 
Eagle Urals Fund (EUF) was created in 1996 with a capital of $33m and a focus on the Urals region. Its main sponsor was the European Bank for Reconstruction and Development (EBRD). The fund is fully invested and all investments have been exited from.
 
Eagle Black Earth Fund (EBEF) was created in 1996 with a capital of EUR 26m and a focus on the Black Earth region. Main sponsor was the EBRD. The fund is fully invested and all investments but one have been exited from.
 
Eagle Smolensk Fund (ESF) was created in 1994 and was the first fund in Russian launched by the EBRD. Its total size was $12m and it focused on the Smolensk region. The fund is fully liquidated.

Eagle Kazakhstan Fund (EKF) was created in 1996 with a capital of EUR 33m and the support of the EBRD as the main sponsor. EKF is fully invested and all investments but one have been exited from.