Renaissance Capital, the Russia/Africa investment banking
specialist, has hired
John Hyman as co-head of investment banking and financing
at the firm, Euromoney has learnt.
Hyman will join RenCap from hedge fund Cheyne Capital, where
for the past year he had been head of equities.
Hyman and his co-head, Andrew Cornthwaite, will be
responsible for further developing RenCaps investment
banking businesses in emerging and frontier markets, as well as
in natural resources.
The hiring of a top professional like Hyman with a bulge
bracket background indicates that Renaissance is looking to
continue its growth strategy and build a more complex
Hyman has some 25 years experience in the markets, 17
of which were spent at Morgan Stanley. He held a number of
senior roles at that firm and was co-head of global capital
markets from mid-2008 to the end of 2009.
Hyman changed disciplines when he joined the leading
European hedge fund, Cheyne Capital, run by Jonathan Lourie,
also ex-Morgan Stanley. Hyman played an important role at
Cheyne but is understood to have missed the challenges of
Renaissance Capital began life under CEO Stephen Jennings in
1995 as a boutique Russian investment bank. But it has expanded
aggressively over the past five years into other developing
markets, notably in Africa and other parts of central and
Eastern Europe. It has also opened offices in Hong Kong and