Renaissance Capital (Russian company)

From Wikipedia, the free encyclopedia
Renaissance Capital
Industry Finance and Investment Banking
Founded 1995; 23 years ago (1995)
Headquarters Moscow, Russia
Key people
Anthony Simone, Acting CEO[1]
Products Investment Banking
Subsidiaries Renaissance Credit

Renaissance Capital is an investment banking firm from Russia. It is a top-ranked investment bank for M&A, equity and debt capital markets, as well as securities sales and trading.[citation needed] Renaissance Capital is owned by Russian billionaire Mikhail Prokhorov.[2]

Renaissance Capital has offices in Moscow, Lagos, Nairobi, Johannesburg, Dubai, London, New York City, Kiev, Hong Kong, Cairo, Beijing, Donetsk and Istanbul.[3] Renaissance Capital also maintains offices in Nicosia.[4]

Renaissance Capital has been part of Mikhail Prokhorov's ONEXIM Group since 2012 when it took full control of the company, ONEXIM Group is one of Russia's largest private investment funds, with a focus on mining industry, innovative projects in energy and nanotechnology, real estate and other industries.[5][6]


The company was founded in 1995 by a group of founding partners, including Stephen Jennings, as well as Boris Jordan, and Leonid Rozhetskin, Anton Kudryashov, and Richard Deitz.

On September 22, 2008, ONEXIM Group purchased a 50% (minus one share) stake in Renaissance Capital for $500 million (US) dollars following the issuance of new equity. Renaissance Group held 50% plus one share of the voting rights at Renaissance Capital. Renaissance Group's holdings in Renaissance Investment Management, Renaissance Partners, and Renaissance Credit remained unchanged.

In September 2009, Renaissance Capital Deputy Chairman Robert Foresman left the firm to become Managing Director/Head of Investment Banking/Country Manager at Barclays Capital in Russia.[7]

In July 2010, Renaissance Capital paid 207 million rand ($27 million) to acquire Barnard Jacobs Mellet Securities Ltd., the South African stock brokerage.[8]

In November 2012, ONEXIM Group acquired further stakes in Renaissance Capital which resulted a full ownership of the investment banking division of Renaissance Capital and indirect ownership of 89% the consumer finance bank, Renaissance Credit.[9]

Notable alumni

  1. Rotimi Oyekanmi, Chairman, Renmoney Microfinance Bank
  2. Patrick Mweheire, Managing Director & Chief Executive Officer, Stanbic Bank Uganda Limited
  3. Peju Adebajo, Commissioner for Agriculture, Ogun State
  4. Yvonne Ike, CEO - Sub Saharan Africa excl SA, Bank of America Merill Lynch
  5. Babajide Adebiyi, Partner - Financial Services Practice, Talentstone Africa
  6. Adesoji Solanke, Banking Research Analyst - Africa

Moscow conferences

Each year, Renaissance Capital holds their annual investment conference in Moscow and invites keynote speakers from world leaders in various fields of expertise. In 2008, Tony Blair, the former UK Prime Minister and Henry Kissinger were keynote speakers. In 2010, Bill Clinton was paid $500k to speak. In 2011, Michael Bear, former Lord Mayor of London, was a speaker as was Mohamed ElBaradei, recipient of the Nobel Peace Prize in 2005.


  1. ^
  2. ^ Bloomberg - Renaissance Capital Hires Bill Clinton for Moscow
  3. ^
  4. ^ "Renaissance Capital global offices". // 
  5. ^ "About ONEXIM". // 
  6. ^ "Ownership changes in Renaissance Capital". // 
  7. ^
  8. ^ "Renaissance Capital completes acquisition of Barnard Jacobs Mellet Securities". // 
  9. ^ "Onexim Group and Renaissance Group agree a series of transactions". // 
Retrieved from ""
This content was retrieved from Wikipedia :
This page is based on the copyrighted Wikipedia article "Renaissance Capital (Russian company)"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA