(Reuters) - Russian investment bank Renaissance is expanding fast in Africa to grab a slice of the potentially lucrative M&A and capital-raising deals that are expected on the newly-resurgent continent, a top executive said.
A 12-year old firm with brokering, private equity and a $4.5 billion asset management business, Renaissance plans to double its $500 million investment into Africa by next year and increase Africa-dedicated staff threefold to 100 by the end of 2007, Renaissance Capital Deputy CEO Neil Harvey told Reuters.
Read more at Reuters Africa
A 12-year old firm with brokering, private equity and a $4.5 billion asset management business, Renaissance plans to double its $500 million investment into Africa by next year and increase Africa-dedicated staff threefold to 100 by the end of 2007, Renaissance Capital Deputy CEO Neil Harvey told Reuters.
Read more at Reuters Africa
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