OREANDA-NEWS. November 13, 2010. Macquarie Securities Korea Limited ("Macquarie") and emerging markets investment bank Renaissance Capital today announced they have entered into an agreement to jointly explore M&A advisory and financing opportunities for Korean corporate clients in the former Soviet Union. This partnership combines Macquarie’s advisory expertise and experience in Korea with Renaissance Capital's unrivaled expertise in the emerging markets of Russia, Kazakhstan and other former Soviet states.

As a result of this strategic alliance, Macquarie and Renaissance Capital will be able to provide a broader array of expertise and financial services to both CIS and Korean corporate clients seeking expansion into each market, particularly in the resources and financial services sectors.

"We are delighted to have Macquarie as a partner. Macquarie is a global provider of banking, financial, advisory, investment and funds management services with a track record of providing quality financial and advisory services to its clients and is a market leader in Korea", said Adel Kambar, CEO, Renaissance Capital Central Asia. “As trade and financial flows between Korea and the CIS continue to increase, this alliance is ideally positioned to offer clients tailored cross-border advisory services.”

"This business alliance allows us to expand our already extensive global client service capabilities and facilitate the continued successful drive by Korean corporations into emerging markets, particularly in the search for business building acquisitions in areas such as the industrial and resources sectors ", said John Walker, Chairman of the Macquarie Group of Companies, Korea.