Oracle Capital Group increases its global reach with strategic alliance with leading Russian wealth management organisation Third Rome Group

Oracle Capital Group increases its global reach with strategic alliance with leading Russian wealth management organisation Third Rome Group

The alliance will increase Oracle Capital Group’s product and service reach into the Russian markets and provide Third Rome Group access to Oracle Capital Group’s world class wealth consultancy services

London-Moscow: Oracle Capital Group, the global independent multi-family office and wealth consultancy today announces that it has established a strategic alliance with Third Rome Group to expand its presence and reach within the Russian investment services and wealth management markets.

Third Rome Group provides a broad range of services including asset management, investment consulting, trading, corporate finance, asset and deal structuring services. It is ranked by Institutional Investor as one of Russia’s top 20 Money Managers. It was founded by Andrei Movchan in 2009. Prior to establishing Third Rome Andrei was Chairman of Renaissance Investment Management and Chief Executive Officer of Renaissance Bank. Previously, he served as Executive Director at Troika Dialog for 6 years.

Under the agreement, Oracle Capital Group has acquired, for an undisclosed sum, a blocking stake in the Third Rome Group holding company. The agreement will enable Oracle Capital Group to expand its service offering and increase its exposure within the Russian wealth markets. Third Rome Group will continue to operate under the Third Rome Group name.

As part of the transaction, Martin Graham Chairman of Oracle Capital Group will join the Board of Directors at Third Rome Group as Group Co-Chairman with Andrei Movchan also sharing the role as Co-Chairman. Danilo Lacmanovic, former President of Third Rome Group, is appointed CEO.

Commenting on the partnership Martin Graham, Chairman of Oracle Capital Group and Co-Chairman of Third Rome Group said:

“In the Third Rome Group, we were attracted to the highest quality products and services that their exceptional management has developed. The strong partnership will provide Oracle Capital Group direct access to the Russian market, proven technologies and a unique opportunity to take a market leading position.”

Commenting on the partnership said Andrei Movchan, Co-Chairman at Third Rome Group said:

“This is a very exciting development for Third Rome Group. The partnership will allow us to obtain access to important international markets and, through Oracle Capital Group’s hugely respected and comprehensive service offering, enable us to offer an unparalleled service in the Russian market”.

Media Contacts

Anton Davidenko
Head of Marketing Communications
Oracle Capital Group
Telephone: +44(0)2077256953
anton.d@orcap.co.uk


Notes to Editors

About Oracle Capital Group

Oracle Capital Group, a global independent multi-family office and wealth consultancy. Founded in 2002 and headquartered in Luxembourg, Oracle Capital Group provides comprehensive, tailored and confidential services for high-net-worth individuals and their families, including investment advisory (through their offices in Switzerland and the Bahamas), wealth structuring and asset protection, asset financing and insurance, legal case management, property development, and concierge services. Oracle Capital Group has 7 offices (London, Luxembourg, Geneva, Nassau, Moscow, Almaty and Limassol) and employs over 100 staff worldwide.

For more information please visit: www.orcap5.wpengine.com

About Third Rome Group

Third Rome Group is an international group of companies, established in 2009. The company provides a broad range of services including asset management, investment consulting, trading, corporate finance, asset and deal structuring services, as well as other solutions based on the concept “Investment bank for private clients.” Third Rome’s top managers are well known to the market due to many years of experience in asset management and financial services. They have earned a reputation as world class professionals with impeccable business ethics. They also have experience at leading investment institutions and a proven track record of successful transactions, many of which were groundbreaking in the development of the Russian market. Over the past 4 years, the company has received recognition and 6 prestigious awards for exemplary contribution to investment banking and asset management. Third Rome is in the 2012 Russia’s top 20 Money Managers ranking by Institutional Investor.

Key Management Biographies

Martin Graham
Chairman of Oracle Capital Group, Co-chair of Third Rome Group

Martin Graham, Chairman of Oracle Capital Group, has enjoyed a distinguished career in the financial services industry. He has achieved significant success in creating transformational growth strategies through leading teams with deep client focus.

In addition to Oracle Capital Group he also founded and chairs Secondcap which was set up to transform the efficiency of trading secondary fund interests in private equity. He provides specialist consultancy services to some of the world’s leading General Partners. Martin has been appointed to a number of boards including the Moscow Stock Exchange where he is Chairman of the Board of Risk Management Committee.

Between 2003 and 2009 Martin was Director of Markets and Chairman of AIM at London Stock Exchange PLC where he had had direct responsibility for over $500m of revenues and 75% of group profits. Martin personally led the exchange’s transformational growth strategy focused on driving market efficiency and resulting in a fivefold increase in market size between 2003 and 2008. In addition he was instrumental in building the company’s international franchise, significantly outperforming all other major competitors. Martin has been closely involved in the flotation of numerous companies both on the LSE’s Main Market and AIM.

Prior to a successful career in international finance and trading, Martin Graham gained an Economics degree from the London School of Economics.

Andrei Movchan
Co-chairman of Third Rome Group

Andrei Movchan, CEO and founder of Third Rome Group, is one of the leaders in today’s Russian financial market. He is widely recognized for his expertise and industry insight. Prior to establishing Third Rome in 2009, where he served as CEO and Managing Partner until October 2013, Andrei was Chairman of Renaissance Investment Management and Chief Executive Officer of Renaissance Bank. Previously, he served as Executive Director at Troika Dialog for 6 years.

Andrei graduated from Moscow State University with BA and MS degrees in mechanics and mathematics. He also received a diploma from the State Finance Academy (Russia) and earned an Executive MBA from University of Chicago Booth School of Business (USA). He holds a Certificate of Professional Competence of Supervisors and Employees of Banks and Investment Firms (Cyprus) and an FCSM qualification certificate series 1.0. In 2003, he became honorary member of the Beta Gamma Sigma (US) honor society.

Andrei has received numerous wealth management awards from organisations such as Forbes, Spears, and RBC. He is the authored of a number of industry publications.

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