White & Case Advises Resource Capital Fund VII L.P. on Acquisition of 35 Percent Equity Stake in Kazakhstan Gold Mine

Press Release
1 min read

Global law firm White & Case LLP has advised Resource Capital Fund VII L.P., a US-based private equity fund, in a 35 percent indirect equity acquisition of RG Gold, a gold mining company based in Kazakhstan.

Resource Capital Funds VII L.P. is one of the leading global private equity funds focused on mining projects. Verny Capital, a major Kazakhstan private equity fund, owned RG Gold and remains a majority shareholder.

"This has been an important transaction and a new type of deal whereby a private fund has made an investment into the local mining project," said Maxim Telemtayev, the Firm's executive partner in Astana who led the deal team. "It is also a further example of White & Case taking a significant advisory role in an M&A transaction in Kazakhstan's mining industry."

The White & Case team which advised on the transaction was led by corporate partner Maxim Telemtayev (Astana), with support from counsel Adam Smith and local partner Nikolay Feoktistov (both Moscow), associates Tatyana Lee and Assel Meiramgaliyeva (both Astana) and Evgeny Chernyavsky (Moscow).

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