«Third Rome» is a historic notion that came into being in the 16th century to denote Russia and specifically Moscow as the capital of Russia. Continuity of the great empires’ traditions as one aspect of this notion is combined with another one – that Russia has a great mission to maintain culture and sacred tradition. However as time went by “Third Rome” came to mean in a broader sense a situation when great ideas are inherited and further on propelled to a next qualitative level.
It so happened that Third Rome company was created by a solidary team of like-minded people all of which at some point of time worked as top-managers in the two most successful “empires” of financial market in Russia – Troika Dialog (troika means three in Russian, that explains the first part of the new name, Third) and Renaissance Investment Management (RIM – this is how Rome is spelled in Russian and that’s where the second part of the name stem from). The contribution of the current partners in Third Rome into development of the two “empires” can hardly be overestimated. Thus the company can be seen as a heir and continuation of ideas and culture stemming from Troika Dialog and Renaissance – that is to say the name Third Rome is both conceptually and “lexically” grounded.
Third Rome company sees itself as a new business generation that is being formed on the verge of a third cycle of Russian business history after two large scale collapses (this by way of associations, brings us back to downfall of Rome and Byzantium and we can draw parallel between those collapses and the “crisis of money-mint machine economics” in Russia in 1998 and “crisis of cheap debt economics” of 2008). With this in mind we can conclude that Third Rome is not just a title - it is also in line with the company strategy to take advantage of successes and lessons of the past and thus create a qualitatively new business on the new stage of economic and market development.
One last thing to point out here is that the company starts its business in Russia and envisions servicing Russian clients on the Russian markets and making it the core of the company’s business. We trust in bright future lying ahead of Russia, we do believe that in the near future in the end of the difficult but necessary journey, after stages of growth and development, after mistakes and learning this country will take a well deserved place among the global leaders succeeding the two great financial empires – UK and USA – in this position. That is why we chose Moscow as the location for our company’s headquarter. In this sense the title Third Rome is there to reflect our devotion to the country and the city that laid a claim to leadership as far back as 500 years ago and today (for the first time probably) stands a real chance of transforming a wish to reality.