RIGA - Maximus Capital, an independent international financial services company with offices in Riga, Kiev, London and Baku, opened its doors for business in September.
At a time when the international investment community is reeling from the collapse or change of status of all four major U.S. investment banks, the founders of Maximus Capital believe it is attention to detail and personal responsibility towards the interests of clients that is the way forward in the industry.
"Our clients have experienced firsthand how hard we work on their behalf, and they have seen how committed we are to looking out for their best interests - professionally, transparently, consistently," said Gene Zolotarev, founder and chairman of Maximus.
Maximus Capital boasts a first-class pedigree of financial experts who have been at the top of their field for many years.
The management board include David Lasky, former managing director for Deutsche Bank AG; Ivan Tyrushkin, a former president of RTS (Stock Exchange ;) Faig Mammadov, a former senior advisor to the International Monetary Fund and World Bank; Guntars Kokorevich, a former president of the Riga stock exchange; Dmitry Rautbard the current chairman of the board of directors at Telekom Baltia. It also includes Vladimir Ginzburg and Jury Volodjonok, who were both senior executives at Parex bank.
Maximus Capital founders see the current situation as exactly the right time for shrewd investors to get a better return on their investment.
"Our vision for launching Maximus Capital was to deliver the best value to clients across the four business areas: wealth management, brokerage, investment banking and private equity. As a small regional investment boutique, we are focused on making sure our clients get the results, not excuses. Our team is highly professional and we're obsessed with excellence in everything we do," Zolotarev said.
Maximus can not only offer the personal touch, but also specialist knowledge of the region.
"[Our] thorough understanding of regional markets enables us to provide our clients with comprehensive advice on [mergers and acquisitions] and capital rising in the Baltics and CIS region," a spokesperson for the company wrote in a press release.
"The unique strength of Maximus Capital lies in our commitment to the highest level of excellence in client service in combination with a deep knowledge of regional markets," the press release said.
Maximus's team has ambitious but carefully laid out plans for the future and believes it is ready to take on challenges that are bound to follow from changes in the economic situation.
"In 2009, we plan to launch a private equity business capitalizing on our extensive client relationships to deliver outstanding returns to our investors," the spokesperson said.
Maximus Capital is licensed to comply with EU regulations.
"We carefully align our clients' expectations and strategic objectives with carefully selected opportunities to provide a highly personalized service and consistent performance," the press release said.
Maximus Capital offers independent and objective bespoke investment solutions. What this means in practice is that they meet each client's needs individually.
Zolotarev said that the company's financial incentives were fully aligned with those of their clients; their actions are always driven by the work philosophy which has become the company's mantra.
"Exceed our clients' expectations, day after day, year after year," Zolotarev said.
