- Moscow, Russia
- Year of initial investments:
- minority stake
The Renaissance Insurance Group is a nationwide insurance company offering complex business and customer tailored solutions for individual clients. The Company was founded in 1997 by the Sputnik Group investment company. According to statistics of Bank of Russia, the company is rated within TOP-10 Russian largest universal insurers based on Written Premium.
Transaction involved companies also include Insurance Company Renaissance Life, Intouch insurance, Insurance Company Blagosostoyaniye, NPF Blagosostoyaniye MNC, Management Company Sputnik — Capital Management and MedCorp medical company.
Baring Vostok Private Equity Fund IV invested 50 million dollars to support further growth of Tinkoff Credit Systems (TCS).