The Countries

The fund seeks to make investments within a range of major Central and Eastern European countries. Here are some brief notes on the largest markets:


With a population of 143 million (according to 2012 figures), Russia is the 9th most populous country on the planet. Its land area covers almost 7 million square miles.

Its largest city is Moscow (also the capital), with 15 separate Russian cities each having populations of more than 1 million people. The second largest city is St Petersburg.


With a population of almost 10 million (according to 2012 estimates), Hungary attracts more than 10 million tourists each year.

The capital city, Budapest, is home to approximately 17% of the total Hungarian population. Indeed, no other city in Europe has a population of more than 250,000.


Poland is home to more than 38 million people, occupying a total area of more than 120,000 square miles. The capital city of Warsaw houses more than 1.7 million people, while second city Krakow is a key tourist centre.

Czech Republic

The Velvet Revolution of 1989 brought about a peaceful end to Czechoslavakia, with that country being split into two: Slovakia and the Czech Republic.

The latter has Prague as its capital and leading city. The total population of the Czech Republic is estimated at more than 10 million people.


Sitting on the border of Europe and Asia, a 2012 estimate suggested that Turkey’s population now exceeds 74 million people.

It’s largest city is Istanbul, although the seat of government is to be found in Ankara.


The world’s largest landlocked country, Kazakhstan has an area of more than 1 million square miles. Given the size of the country, the population is relatively small, at just over 16 million inhabitants.

The capital city is Astana, although the largest settlement is Almaty.

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