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Investment Banking

Renaissance Capital targets super-rich with new hire

RenCap follows in larger rivals' footsteps with an investment banking service targeting very wealthy individuals

Renaissance Capital is has become the latest firm to offer investment banking services to the ultra-rich with the appointment of a senior dealmaker to lead a new division.

The investment bank, which focuses on emerging and frontier markets, including its home market of Russia, as well as Africa and Latin America, has named Grigory Sedov as a managing director and its new global head of private clients. He will be based in Moscow.

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