By Dipo Olowookere
One of the leading emerging and frontier markets investment bank, Renaissance Capital, has announced the appointment of Sergei Linnik as Global Head of TMT (Telecom, Media, Technology).
Mr Linnik joined the Firm’s investment banking team to cover the telecoms, media and technology sectors in all geographies in which the Firm operates. He reports to James Friel, Global Head of Investment Banking.
Prior to his appointment, Mr Linnik worked as Director, TMT, at Deutsche Bank for over eight years in Moscow and London.
During this period, he advised on a range of transactions, including the $1.5bn sale of 48% in VK.com to Mail.ru, MegaFon’s $1.75bn acquisition of Scartel/Yota and Yandex’s $1.4bn IPO and $0.6bn SPO, among numerous other deals.
Before this, Mr Linnik was Vice President, Technology Mergers & Acquisitions at Lehman Brothers in California from 2006-2008, where he advised on Cisco’s $3.2bn acquisition of WebEx and SunPower’s $3.6bn spin-off from Cypress Semiconductor, in addition to numerous other M&A, IPO and LBO projects.
Prior to this appointment, Mr Linnik worked as Vice President, Technology Corporate Finance at Dresdner Kleinwort Wasserstein in California, where he advised on LSI Logic’s $0.9bn acquisition of C-Cube Microsystems and Genesis Microchip’s $402mn acquisition of Sage, among others. Mr Linnik holds a B.A. in Economics from Stanford University.
James Friel, Global Head of Investment Banking, commented: “We are delighted to welcome Sergei to our investment banking team. I am sure that his outstanding TMT experience across a number of deal categories and geographies will prove invaluable and provide new exposure in the TMT sectors. Renaissance Capital has enjoyed a successful start to its 2017 investment banking activity and we look forward to a productive year ahead.”
Renaissance Capital has worked on a number of major transactions recently, most notably bond issuances by GTLK, RUSAL, Polyus Gold and Transmashholding. The GTLK debut Eurobond deal launched in December 2016, on which the Firm acted as a sole credit ratings adviser and a joint lead manager and bookrunner, won the ‘Best Primary Eurobond Deal’ in 2016′ at the CBonds awards, Russia’s first financial markets awards.
Adedapo Adesanya