Launches & Closures

Kazimir founder Kryukov starts Verno venture


Former Kazimir manager and co-founder Dimitri Kryukov has returned with a new Russian hedge fund venture, Verno Investment Management.

Kryukov, who co-founded Kazimir in 2002 along with Frank Mosier, has put together an experienced team at Verno including former Kazimir CEO Karen Clarke and ex Kazimir portfolio manager Bruce Bower who will join in August.

These partners are joined a team of their former research colleagues, Anton Terentiev, Sergey Belyaev and Nataliya Nenarokomova. Verno’s first vehicle, the Verno Russia Fund, launched in mid-January this year, was seeded with internal assets of around $15 million.

At Kazimir, Kryukov was manager