The Tokarev TT-33 is a Soviet made, semi-automatic pistol that features an 8 round magazine. It has a high rate of fire and great accuracy. It does lack the power of the other handguns, though.
This pistol comes with the St. Pierre pack of Sniper Elite V2. Accuracy and its rate of fire makes the Tokarev a great medium range pistol against multiple targets, so long as the player has a place to take cover for reloading.