Renaissance Investment Management - April 2007

As emerging markets, Russia hedge funds generally have taken off and have shown little sign of slowing, RIM is re-opening three of the dollar-denominated hedge funds in the alternative products group, and aims to take in up to $450m in new money, to add to the roughly $750m already in the hedge funds the diversified group manages out of its alternative products group in Moscow.

Max headroom
Sergey Bubnov (pictured, right), director and head of alternative products said new tranches for the group’s