Columbus Nova

Columbus Nova is not currently registered as an investment adviser with the Securities & Exchange Commission, which requires U.S. firms that manage more than $100 million for outside clients to register with the securities regulator. Its SEC registration terminated in 2012. According to old press releases and securities filings, Columbus Nova was founded in 2000 as “the U.S.-based affiliate of the Renova Group," Vekselberg’s holding company. SEC filings also show that Columbus Nova and Renova U.S. Management are primarily owned by Andrew Intrater, a 56-year-old U.S. citizen who is Columbus Nova’s CEO and Vekselberg’s cousin. Vekselberg never owned Columbus Nova and was simply its biggest investor. Paul F Lipari, a former executive at Columbus Nova, suggests on his web site that Vekselberg is the only material client.