News

Altus Capital repurchases investment-banking subdivision of UFG Capital

JANUARY 2017 — UFG Capital entered into an agreement on selling investment-banking subdivision to Altus Capital. Licensed companies UFG WM Real Estate S.à.r.l. (Luxembourg) and UFG WM Investment Management Ltd. (Cyprus) continue the work under the brand name "UFG Capital".

Altus Capital is an independent investment company specializing in direct investments in fast-growing and underestimated companies. Its investment strategy is characterized by high diversification by sectors, clear exit strategy and medium-term investment horizon (from 1 to 5 years). The company is focused on projects from Russia and CIS countries, but does not limit the geography of investments.

UFG Capital is an international group of companies rendering services in the field of investment banking and asset management. The company was separated into a free-standing business focused on institutional clients within the framework of UFG Wealth Management. The investment-banking sector of the Group is engaged in consulting of clients on ensuring equity and debt financing, M&A and real estate transaction support, and helps to handle the tasks of any complexity related to capital structure and direct investments.

The founder of Altus Capital Dmitriy Klenov, formerly one of the partners of UFG Capital, intends to develop rapidly Altus Capital.