Adams & Remers LLP has acted for Russian investing company TMT Investments plc on its recent flotation on the AIM market of the London Stock Exchange and its associated international fundraising of $20 million.

TMT Investments has been established to identify and acquire or make and dispose of investments in the technology, media and telecoms sector. TMT will primarily target companies operating in markets that have strong growth potential and having the potential to become multinational business. Whilst TMT can invest in any region of the world, TMT ‘s team have greatest expertise in emerging markets and in particular Russia and the Commonwealth of Independent States.

Stuart Robertson, partner at Adams & Remers comments: “It has been a real achievement for TMT to raise this level of capital in these times. This successful and significant fundraising demonstrates continued confidence in the markets, the TMT sector and the emerging markets. This all bodes well for 2011.”