28
Wed, Jul
66 New Articles

DLA Piper Advises Renaissance Insurance on Sale of Pension Fund to Sberbank

DLA Piper Advises Renaissance Insurance on Sale of Pension Fund to Sberbank

Russia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

DLA Piper has advised the Renaissance Insurance Group on the sale of its 100% stake in Renaissance Pensions to the non-state pension fund of Russia’s Sberbank. Herbert Smith Freehills reportedly advised the buyer.

Renaissance Pensions is a private pension fund that serves around 200 corporate customers, over 42,000 clients, and manages RUB 24.5 billion in assets. According to DLA Piper, the fund will remain a separate legal entity for at least a year following the transaction.

DLA Piper’s team consisted of Moscow-based Partner Steffen Kaufmann, Senior Associate Azamat Abdulmenov, and Associate Roman Abu Salekh, as well as Vienna-based Partner Christoph Mager and Senior Associate Ekaterina Larens.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

Our Latest Issue