Mikhail Kretov

FINAM

A leader in the Russian Stock Market (MICEX, RTS, FORTS). Finam was ranked on the 1 place between Russian largest stock market operators (MICEX+RTS) turnover more than $130 Billion in 2007 and $109 Billion in 2008. Has over 70,000 clients. Runs more than 87 representation offices all across Russia (from Kaliningrad to Vladivostok) Finam Investment Company was established in 1994 and it was one of the concerns that began to provide stock market services in Russia. At present, Finam offers its corporate and private clients one of the widest ranges of investment services – from the option to invest funds into stock market instruments and asset management to the comprehensive support of transactions to buy and sell businesses and capital operations (IPO, private offerings, etc.). The holding pursues an intensive direct investment policy, spending funds on the purchase of high-tech projects. The first mutual fund in Russia for investments in high-tech companies (Finam – Information Technologies) was formed within the holding.