RAB Exec. Joins Renaissance Capital

Dec 20 2007 | 1:25pm ET

A top RAB Capital executive has left the firm to lead the asset management arm of Russia’s Renaissance Group.

Rod Barker has been named co-CEO of Renaissance Investment Management and CEO of RIM International. Barker joins the US$6 billion shop from London-based RAB, where he served as executive director of business development.

Andrei Movchan, who has served as the sole CEO of RIM since its founding in 2003, will be co-CEO with Barker, focusing on Russia and other former Soviet republics. “During its five years of existence, RIM has become the dominant player in the CIS markets, with an exceptional product range and a very loyal client base,” Movchan said.

“The extension of RIM to international markets and the development of international distribution capabilities will catapult RIM to the next level, and I am convinced that Rod is the right person to lead this.”


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...