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Natalia Sutugina

Managing Director

Previous Experience:
BIP Group, MTS Group, UBS, S&P

McGill University



Natalia is a Managing Director and co-head of the Connecting Europe Broadband Fund (CEBF) investment team. She joined Cube in 2022, bringing over 20 years of investment experience, including direct private equity.

She was previously a Partner at BIP Group – a mid-market generalist investor active throughout Europe – where she spent 13 years overseeing direct private equity participations as well as a fund of fund activity. Prior to this, Natalia spent several years on the corporate side, working as a Corporate Finance Director at Mobile TeleSystems (MTS Group), one of the largest mobile operators in Eastern Europe, implementing their regional M&A strategy. Prior to that, Natalia spent 3 years in equity research covering telecommunication and cable companies.

Natalia is a CFA charterholder. She has a Master in Business Administration Degree from McGill University in Montréal, Canada.