Yunona Tsaryova, the spokeswoman, said Michael Calvey, also a
senior partner at the fund, was detained on Thursday.
Moscow's Basmanny court will rule later on Friday on whether to
hold Calvey in custody, the Interfax news agency said.
Baring Vostok is a major equity fund group in Russia. Its
website says it has over $3.7 billion of committed capital.
Calvey, also a senior partner at the fund, set it up in 1994.
Other members of the fund's team were also reported to have been
The same Moscow court will decide later on Friday whether to
hold a partner in the fund, Vagan Abgaryan, in custody, Interfax
cited the same court spokeswoman as saying.
Baring Vostok was cited by Interfax as saying that Calvey had
been detained in connection to a dispute over Russia's Vostochny
Bank, in which the fund is a controlling shareholder.
Before starting at Baring Vostok, Calvey worked for the European
Bank for Reconstruction and Development and Salomon Brothers.
(Reporting by Olga Popova, Andrey Kuzmin, Anastasia Lyrchikova,
Katya Golubkova and Tatiana Voronova; Writing by Tom Balmforth;
Editing by Andrew Osborn)
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