More details have emerged of the future plans of entrepreneur Gerard Lopez, chairman of the Lotus Formula One motor racing team, after his investment vehicle agreed to take a 50% stake in Russia-focused private equity infrastructure firm Rise Capital.
Nekton Global, an energy-focused investment firm headed by Lopez, on Tuesday announced the stake acquisition and said Lopez would lead a new infrastructure investment fund focused on Russia. Nekton further revealed in a statement on Friday that the infrastructure fund has agreed a formal strategic partnership with Russia's key energy district.