VTB Capital hires private equity specialist and consultant

by admin on July 26, 2010

By Andrei Skvarsky

VTB Capital has made two high-profile hirings by appointing Andreas Boesenberg, a former partner at a German investment boutique, as deputy head of private equity and special situations and taking on Iain Grosvenor from Credit Suisse as a consultant.

Boesenberg, who will be based in Moscow, was a partner at Wermuth Asset Management (WAM), a firm that has its headquarters in Wiesbaden and advises on alternative investments in Eastern Europe, primarily Russia. He has co-founded and co-managed a $70 million private equity fund, VTB Capital said in a statement.

Boesenberg, who holds degrees from the London School of Economics and Sussex University, has carried through more than 25 private equity transactions in Russia, Germany and the U.S. over the past decade.

Grosvenor, a Liverpool University graduate who works at the Russian bank’s London office, specialises in business process analysis and improvement and in human resources management.

VTB Capital, which is aggressively fighting its way into Russian and international financial markets, debuted over two years ago by poaching more than 100 staff from Deutsche Bank and has a 2010 target of boosting its personnel by 40% to 1,000.

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wermuth asset management July 26, 2010 at 9:21 pm

let´s hope he will do better at vtb …..

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