OREANDA-NEWS. April 28, 2011. Renaissance Group, the leading emerging markets investment firm, has formed Renaissance Advisors, a new business unit that will provide holistic solutions to key clients, through private finance and advisory services, from all Renaissance businesses – investment banking, merchant banking, consumer finance, real estate and asset management, reported the press-centre of Renaissance Group.

Over the past several years, emerging markets companies and individuals have witnessed significant wealth creation – a trend that is set to continue as these markets, in which Renaissance is present, chart sustained, record growth. Renaissance Advisors will target these people and companies with tailored investment services.

Led by Dmitri Sredin, as CEO, and Rolf Scherrer, as COO, Renaissance Advisors will focus on Russia and the CIS, Africa and other new market geographies. Key clients – from high-net-worth individuals to large corporations – will have unique access to the unrivalled investment opportunities Renaissance offers through its Russian and international platform, reach and expertise.

Mr. Sredin, who has led Renaissance Capital’s Debt Financing franchise since joining the Firm in 2009, will continue as a senior coverage banker on a select number of the Firm’s key accounts. Mr. Scherrer was previously COO of Renaissance Asset Managers. He has over 20 years’ experience in corporate and private banking, having joined Renaissance in 2010 from Credit Suisse Private Banking.