Our Record

From the very beginning, the Renaissance Group’s story has been one of outstanding success and exponential growth.

In terms of the equity capital markets, we were the number one in IPO financing in Russia in 2007 according to Thomson Financial. We’re also number one in Equity Capital Markets for all the placements of Russian companies. We have Russia’s largest ECM team, and we assisted with Russia’s first NYSE listed IPO.

Renaissance Capital dominated Institutional Investor's All-Russia Research Team survey, being recognised as the top company in nine out of 11 industry categories, including seven equity categories and both fixed income categories.

We’re the leader in M&A with both domestic and international clients, executing more transactions in Russia than any of our competitors, and in December 2007 we won the Financial Times and Mergermarket award for Best M&A Advisor for Russia 2007.

In 2007, the Firm advised Onexim Group on its exchange of the company’s 25% stake in Norilsk Nickel with RUSAL, and BP on its sale of Russia-based Assets to Gazprom. Other clients we advised on M&A transactions include A-Pressen, Celtic, Chicken Kingdom Group, Dixi, Ilim Pulp, Kopeika and MTX, among many others.

Renaissance Capital has been involved in some of the region's largest privatisations and IPOs, including:

  • VTB
  • London IPOs for Kalina, Russia's leading consumer goods company
  • Rosneft, Russia's largest state-controlled oil company
  • Sistema, one of Russia's largest consumer-oriented holding companies
  • Comstar, one of Russia's largest telecom companies
  • Steelmaker Evraz Group
  • KDD Group NV

Renaissance Capital is one of the largest, most experienced and sophisticated providers of debt financing solutions in the CIS and Africa. In 2007 we traded 350 different local bonds and 190 corporate Eurobonds. In 2007 we placed:

  • RUB 5bn each for Gazprom, AlZHK, and URSA Bank
  • RUB 3bn for Locko Bank
  • RUB 1.4bn for Expo Bank

Renaissance Investment Management

Our Renaissance Investment Management service started in 2003 with $4 million in assets under management and 15 accounts, and now manages more than US$6billion in assets in approximately 800 accounts. Our clients include five out of the 10 largest Russian insurance companies and eight out of 10 of the largest non-state run pension funds. The firm has the highest rating possible – AAA – for outstanding quality and security by the National Rating Agency. It has expanded from its base in Russia into the Ukraine, launched in London and Geneva, and, in 2007, opened for business in Africa.

Renaissance Partners

Renaissance Partners is our principal investment business, designed to leverage off the resources and relationships of the Group. The realisable value of current investments exceeds US$2bn.

Renaissance Credit

Renaissance’s retail banking group was founded in 2002 and has enjoyed sustained growth and success ever since. The bank offers credit services in 63 regions of Russia and 21 regions of Ukraine at more than 13,000 points of sale throughout both countries. Renaissance Credit issued its first loan in 2004. At the end of 2007, we had more than 2.5 million customers and a portfolio of US$2bn.