By Andrei Skvarsky.
Renaissance Capital, one of Russia’s leading privately owned investment banks, has hosted an annual investor conference in Moscow, a three-day event that opened on June 23 and was expected to bring together more than 200 attendees with assets under management totalling more than $3trn.
There were top managers of some of Russia’s largest corporates, seniorofficials, politicians and about 50 foreign investors among the participants in the forum, which largely focused on one-to-one meetings and included site visits to RenCap operations in Moscow, Krasnodar and St Petersburg, according to a RenCap statement.
“There are appealing investment opportunities in Russia now, despite the short-term economic challenges, and we’re proud to host so many important global investors here in Moscow this week and to showcase the world class companies that operate in this market,” said RenCap chief executive Igor Vayn.
The Moscow-based bank, which is part of Russian billionaire Mikhail Prokhorov’s Onexim group, has operations in Russia, Central and Eastern Europe, Asia and Africa. Its global presence includes offices in London and New York.
RenCap’s scope of businesses includes mergers and acquisitions, equity and debt capital markets, securities sales and trading, research and derivatives. Metals and mining, oil and gas, and agriculture are among industries where the company is active.
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