OREANDA-NEWS. Renaissance Capital, a leading emerging and frontier markets investment bank, announces that it has launched its new office in Cape Town, South Africa.

The Firm continues with its strategy of linking the sources of capital and companies across its established and new geographies. The opening of the second South African office is a critical step in this direction and another dot on the pan-EEMEA and frontier map that Renaissance Capital has been successfully growing in the past several years.

Igor Vayn, Chief Executive Officer, Renaissance Capital, commented: “The decision to open an office in Cape Town demonstrates our commitment to our client base in South Africa. We look forward to working with them both in South Africa and in our frontier and emerging markets globally. As such, it is essential that we continue boosting our presence in the country to ensure seamless offering and bespoke service.”

He added, “The new Renaissance Capital office complements the existing offering in Johannesburg and serves as the next step in building a truly pan-African equity and investment banking platform. We are now even better positioned to deliver on our endeavours.”

The Cape Town office has a team of experienced traders and research analysts, including Robert Lamprecht, Head of South Africa Sales; Jon Oosthuyse, Director, Senior Sales Trader; La'eeq van Heerden, SSA Sales Trader; and Francois Du Toit, Insurance Analyst, voted the number one by Financial Mail since 2010, among others.

The opening of the Cape Town office follows the announcement last week that Renaissance Capital, CITIC Merchant, a merchant banking arm of China’s CITIC Group financial conglomerate, Onexim Group and Russian Direct Investment Fund (RDIF) have agreed to establish a strategic partnership to facilitate access to debt and equity capital for companies across Renaissance Capital's entire geographic reach in Africa and from the Middle East to Central Asia, as well as to target infrastructure projects.