Renaissance Asset Managers in London has doubled its alternative UCITS under management after it assumed control of Griffin Capital Management’s $252 million eastern European.
RAM launched its UCITS fund range in October 2010 (see earlier story) and the acquisition brings scale to its existing $200 million UCITS fund range. The acquisition allows larger institutions wishing to allocate to the region to also benefit from Plamen Monovski (pictured) and Karol Chrystowski’s track record. The Griffin Eastern European Fund is now known as the Renaissance Eastern European Fund.
Last year was a challenging year for the asset