By Ivan Anderzhanov
Two senior bankers quit Wall Street bank JP Morgan in Moscow last week and are believed to be joining an invesment boutique focused on advising the state in the acquisition of domestic and foreign energy assets.
EmergingMarkets.me understands that Stanislav Song, one of the most reputable M&A bankers in Russia, and Hamid Gayibov, a leading coverage banker in Moscow, will be joining Nathalia Tsukanova at Xenon Capital Partners, the vehicle she set up last year to advise the state on the acquisition of assets.
Tsukanova is a well know name in Russian market and was a head of investment bank for Russia at JP Morgan until 2009. Earlier this year, top-ranked associates Kamil Burganov and Anton Voronin also left J.P.Morgan to join Xenon Capital Partners M&A practice.
Xenon is described as “a M&A boutique” with its most important mandate being as investment manager for “the largest state-owned energy fund, and a range of M&A mandates for state-owned corporates in the energy sector,” according to a source close to the company.
[…] Source: Emergingmarkets.me […]