Renaissance Capital (1996-2005)

Private Russia

Principal Industries: Investment bank in Russia, founding venture capital investor in Russia’s largest investment bank; sold interest back to company in 2005.

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OAO Sidanco (1996-2001)

Privatization Russia

Principal Industry: Oil production and refining; Shipston and its partners invested $425 million for 47% of Sidanco in privatization, and along with its Russian partner Interross (which owned 51%): operated Sidanco bringing Western Management, best practices and technology to improve operating efficiencies.  Conceived and negotiated sale of 10% interest to BP, which through a series of transactions created the current company TNK-BP, Russia’s fourth largest Oil Company.

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Saint Springs (1997-2002)

Private Russia

Principal Industries: Water, lead investor in 31% venture funding group, hired western managers, best practices and management techniques to improve operations, company sold to S.A. Nestle in 2002.

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National Timber Company (1997-2006)

Private Russia

Principal Industries: Timber, lead investor in group that bought 80% stake in Nation Timber Company. Shipston sold its interest in 2006.

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Quay Magnesium (2004-2007)

China

Principal Industries: Magnesium Alloy, venture investor in magnesium alloy plant in Nanjiing China; IPO in 2005 on the ASX.

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The Balloch Group (2007-2010)

China

The Balloch Group is a leading Chinese boutique investment bank, purchased in 2007 and sold in 2010 to Canaccord Genuity. The Balloch Group has completed or advised transactions worth more than $5.0 billion in M&A, joint ventures and private placements, including equity and debt financings.  With strategic partners, the company has also participated in 40 IPOs and follow on services totaling $18.6 billion.  The Balloch Group was ranked by China Venture as the top boutique investment banking firm in China in 2008 and 2009.