Investment Management

We are committed to energy and the Russian and CIS market. As an asset class, it has base demand not directly affected by the state of the economy. It has a relatively low risk profile for investors due to its regulated nature, high barriers of entry, large CAPEX spending and historically low correlation to the performance of other asset classes. Energy assets are stable and predictable because of their long-term regulated nature (renewable energy), long term contracted cash flows (CHP plants) and stable growing cash yields.