"Such a change of approach is a prerequisite in order for a genuine dialogue to be launched between the Kenyan government, KFF and FIFA to allow all parties to work together to help Kenyan football solve its problems, " said Linzi in his letter.

BBC: SPORT | Football | African | Fifa bans Kenya

The industry has produced aggregate annual net returns through June 30, 2011, of between 5.3% and 10.9% for funds launched between 2004 and 2008, the most recent funds that have invested all or most of their money, according to Cambridge Associates, which tracks over 4, 500 private equity firms.

WSJ: Private-Equity Firms Forced to Evolve

And Transaero Airlines, in cooperation with French airline Aigle Azur, launched scheduled flights between Paris and Moscow in July.

BBC: The roar of rising Russia