UFG AM was founded in 1996 by Boris Fedorov and Charles Ryan, the founding partners of Russia’s leading investment bank United Financial Group. In 2002 the Partners were joined by Florian Fenner. In 2003, UFG sold the investment banking business to Deutsche Bank, and separated UFG Asset Management from UFG’s investment banking activities, turning it into one of the leading Russian region focused alternative investment groups. In 2008, UFG AM sold in a similar two-step transaction its domestic retail asset management business (UFG INVEST) also to Deutsche Bank; the deal was completed in November 2011. All other UFG AM alternative asset management businesses - hedge funds, private equity, real estate and UFG Wealth Management - were not affected by the deal with Deutsche Bank and remained fully independent and in control of the founding partners, Charles Ryan and Florian Fenner.
Today UFG Asset Management invests across the capital spectrum providing clients with both absolute return and traditional investment strategies through a family of debt and equity public markets funds and separately managed accounts, private equity funds, real estate funds, and investments in agriculture. UFG Asset Management advises on $1.5 billion in assets and commitments.
Since inception, UFG Asset Management, was one of the first financial services companies to introduce alternative investment instruments to Russia and we continue to be recognized as one of the most dynamic, growing and successful Russian region focused asset management groups.
UFG Asset Management brings together a unique combination of exceptional international asset management expertise and proven Russian on-the-ground investment capabilities.