Forex Club sells minority stake to Quadro Capital Partners, plans an IPOby Michael Greenberg at Forex MagnatesForex Club just announced that it sold a minority stake (believed to be in the region of 5-10%) to Quadro Capital Partners, a Moscow based private equity firm.Forex Club is one of the largest and oldest brokers in the forex market and is the second largest broker in Russia.Quadro Capital Partners is a $1 billion fund that primarily targets financial services, retail, consumer goods and services, and sustainable natural resources in Russia and CIS. The fund is managed by Giedrius Pukas formerly a managing director at Troika Capital Partners (one of Russias largest private equity funds).