Press Release
February 24th, 2022
Moscow, Russia
BOOST PE announces the significant change of accounting policy as a result of legal structure expansion followed by the further recognition of voting rights according to the ASC 810 US GAAP. Total assets NAV under management $5.74T (31.12.2021, consolidated US GAAP accounts). The drastic legal structure expansion of the BOOST Group is the direct consequence of the Hermitage Capital combined case recognition on balance. At the moment, the BOOST Group includes more than 400 legal entities and holdings, allocated primarily outside Russia. We expect that US GAAP consolidated accounts will be published in April 2022.
BOOST is an alternative investments group. Founded in Russia, in 2014. CEO, owner, the founder is Raevskaya-Repnina.
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