Nastas Lecture Graduate School of Business Michgan State University

The document outlines the evolution of venture capital (VC) and private equity (PE) in the CIS and CEE regions, focusing on historical trends from 1992 to the present. It discusses the impact of major international funds, the transition from VC to PE, and the changes in market dynamics and investment strategies over the years. It concludes with a forward-looking plan for fostering growth in entrepreneurship and the technology sector in Russia.