Renaissance Capital, Citadel Investment Form New JV To Expand in Western Balkans

BELGRADE, Mar 2ؒenaissance Capital, a Russia-based investment bank and Citadel Investment Services Group, a Serbia-based investment bank, have formed an exclusive joint venture Renaissance Citadel to offer a full range of investment banking services in Southeastern Europe.
Renaissance Citadel will cover Serbia, Croatia, Slovenia, Bulgaria, Romania, Macedonia, Bosnia and Herzegovina, Montenegro and Albania. It will provide access for its clients to the full combined investment banking resources of Renaissance Capital and Citadel Investment Services.
The provided services will include equity and debt capital markets transactions (including initial public offerings, private placements of equity and debt, follow-on offerings, block trades, public and corporate debt offerings, equity-linked instruments) and advisory services such as mergers and acquisitions, divestitures, spin-offs and privatizations. In addition, the joint venture will provide research on the region.