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Third Rome Investment Solutions
Andrey Movchan's independent Moscow partnership, Third Rome Investment Solutions, structures late-stage expansion investments for wealthy Russian families.
Third Rome Investment Solutions
Founded in 2009 by Andrey Movchan, a well-known figure in Russian finance and former head of Third Rome Asset Management, Third Rome Investment Solutions emerged after the financial crisis as an independent advisory and investment partnership. The firm serves high-net-worth individuals and private companies, drawing on Movchan's decades of experience in Moscow's capital markets. Its origins are tied to the post-Soviet generation of wealth, channeling capital from business owners and family fortunes into structured investment programs. The firm pursues a generalist strategy built around late-stage expansion and corporate finance mandates, targeting private Russian companies nearing maturity. Its investment approach combines direct equity and quasi-equity positions with advisory work on capital structuring and exit planning. Public record indicates the firm has placed capital in financial services, industrial technology, and consumer goods platforms across Russia, historically engaging deals in the $5 million to $50 million range. Geographic focus remains domestic, though it has occasionally partnered with co-investors in European and Middle Eastern jurisdictions for cross-border structures. With at least two Moscow-based investment principals, the firm maintains a lean structure that pairs Movchan's public-market expertise from his tenure at Renaissance Capital and Troika Dialog with private-deal execution. Movchan also operates as a public intellectual in Russia, writing extensively on economics and policy for publications including Vedomosti. Recent operational posture is opaque given limited Western-facing communications since 2022, but the firm's registered activity suggests continued service to its core Russian client base. Third Rome's structural differentiator lies in its hybrid remit: it is neither a pure fund manager nor a conventional multi-family office, operating instead as an investment solutions partnership that originates, structures, and oversees corporate finance transactions for a small group of affluent clients. This model, common in Moscow but unusual globally, combines the bespoke discretion of a family office with the deal-sourcing network of a boutique investment bank.
General information
Firm type
Generalist
Year founded
2009
AUM
Undisclosed
Location
Region
Europe
Country
Russia
City
Moscow
Corporate office
Moscow, Russia
Frequently asked questions
Who runs investment decisions at Third Rome Investment Solutions?
Andrey Movchan is the founding partner and primary decision-maker. He previously ran Third Rome Asset Management and held senior roles at Renaissance Capital and Troika Dialog. The firm likely operates with a small investment committee anchored by Movchan, consistent with his track record of blending macroeconomic analysis with direct deal execution.
What kind of clients does Third Rome serve?
The firm serves high-net-worth individuals and private companies, predominantly in Russia. Its model is built around a concentrated client base of wealthy families and business owners who need both investment management and corporate finance structuring, rather than a mass-affluent retail platform.
How does the firm source its deals?
Deal flow originates through Movchan's deep network in Moscow finance, cultivated over decades at Renaissance Capital, Troika Dialog, and Third Rome Asset Management. The firm operates as a solutions partner rather than an auction bidder, often structuring transactions directly with business owners seeking growth capital or pre-exit repositioning.
Is Third Rome Investment Solutions a single family office?
No. While it serves wealthy families and operates with high-touch discretion, it is structured as an independent investment advisory and asset management partnership, not a dedicated single-family office. It serves multiple clients and companies rather than one family's consolidated wealth.
What is Third Rome's geographic and currency exposure?
The firm is overwhelmingly Russia-focused, with exposure to the ruble and Russian domestic assets. Public record suggests occasional cross-border structures involving European or Middle Eastern co-investors, but the core book of business has historically been onshore Russian expansion-stage private investments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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