In April 2003, IFD Kapital Group agreed to buy brokerage LUKoil-Reserve-Invest, and the sale was completed in January 2004.

[4] In June 2004 IFD Kapital group bought LUKoil's majority stake in the mid-sized bank Petrocommerce, Open joint-stock company (OJSC), which had been founded in 1992, and it sold it in 2013 to Otkritie Financial Corp.[5] By 2004, IDF Kapital Group was owned by a closed-end fund called Strategic Investments, with unknown owners, managed by 'Management-Center', and Igor Sherkunov as chairman of the board of directors, a long term LUKoil insurance company man and member of LUKoil's board of directors.

[2] IFD Kapital has four subdivisions: asset management business, Petrocommerce banking group, media and information technology and real estate.

The corporate center of the Group coordinating the subdivisions is the "IFD Kapital” Integrated Private Investment Fund (IPIF).

It also includes a defunct (as at May 2021) entertainment internet portal, www.muz.ru designed "for on-demand download of legal digital music and video".

The four members are Aleksander Zhirkov, Sergey Mikhailov, Olga Plaksina and Vsevolod Gordyi, with Elena Ilynskaya as secretary of the board of directors per the company website[16] In June 2017, the company was sanctioned by the United States for taking ownership of the Riviera Sunrise hotel complex in Crimea.