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APPLICABLE LAW Use of the website shall be subject to Luxembourg law, which shall exclusively govern the interpretation, application, and effect of all the conditions of use set out above. The courts of Luxembourg shall have exclusive jurisdiction over all claims or disputes arising out of or in connection with the website and its use. It must be clear to you that this disclaimer also applies to all pages of the website, and also related links, including the Lighthouse Capital pages on social networks. For example, [Youtube Channel, Facebook, LinkedIn, Twitter, Instagram], and other social networks, all included. Your use of the website in any manner constitutes your acknowledgement that you have read this disclaimer and that you agree to follow and be bound by it. Lighthouse Capital does not accept any responsibility if you declare that you are in the category to which the content of the website is addressed. If you declare that you are not in the categories to which the content of the website is addressed, please exit this website. Do you want to access the website, because you are in the categories to which this website is addressed?
Lighthouse Capital Group has been established in 2011.
The Group invests across diverse geographies and employs a wide range of financial instruments: equities, fixed income, derivatives and PE/VC investments.
Lighthouse Capital Group is composed of multiple funds and sub-funds having different risk exposures to match the prospective clients' profiles.
The infrastructure of the Group is supported by top tier financial providers.
Investment Strategy
Our unique investment philosophy was shaped during many years of investing and is based on the following principles
Our team has a significant experience in investing in various classes of assets on emerging and developed markets.
Deep expertise
Fund portfolios are diversified by: country, industry, issuer and market segment.
Broad diversification
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Our investment strategy is based on fundamental analysis of issuers, including comprehensive study of financial reports, corporate governance and long-term business prospects.
Fundamental analysis
We provide maximum capital protection by controlling both investment and legal risks. The fund is located in a jurisdiction with favorable investment climate, assets are held with top-tier international financial institutions/custodians and all activities are diligently regulated and audited by reputable assurance providers.
Capital protection and risk management
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Products
Lighthouse Capital provides an opportunity to invest in several funds and offers managed accounts services:
Our flagship fund is primarily focused on corporate high-yield bonds investments across emerging and developed markets
Multi-strategy Fund
The fund's returns are generated through an event driven strategy based on corporate events and special situations such as mergers and acquisitions, business transformation and restructuring.
Event-driven Fund
Lighthouse Capital implements investment strategy in accordance with individual investor`s requirements based on our extensive experience accumulated through years of investing.
Managed accounts
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Multi-strategy Fund
Low entry threshold ($150 000), high liquidity (monthly deposit / withdrawal without commissions), no lock-up period
Focus on small and mid-cap markets allows us to capitalize on market inefficiencies
Deep fundamental analysis of each issuer paying special attention to company`s liquidity, stability, predictability of its business and cash flows
Broad diversification across industries, countries and companies
Active risk-management including use of derivatives
Event-driven Fund
The fund's returns are generated through an event driven strategy based on corporate events and special situations such as mergers and acquisitions, business transformation and restructuring. Features: • The strategy is less correlated with market dynamics • The strategy is implemented mainly across developed markets • Flexible investment approach, including bonds, stocks and derivatives • Low entry threshold ($150 000 or $50 000 with investments in the Multi-Strategy fund), high liquidity (monthly deposit / withdrawal without commissions), no lock-up period
Managed accounts
Lighthouse Capital implements investment strategy in accordance with individual investor`s requirements based on our extensive experience accumulated through years of investing.
Managed accounts services allow investor to compose an investment portfolio considering individual preferences, such as investment horizon, liquidity and risk tolerance. The strategy is implemented on the investor's bank account, giving him full access and option to monitor all account operations.
Founder of Lighthouse Capital
Founder of Lighthouse Capital
Nikolay Vlasenko
Nikolay Vlasenko
Our team
Director
Director
Andrey Khamalinsky
Andrey Khamalinsky
Independent director
Independent director
Max Kremer
Max Kremer
Senior Investment Analyst
Senior Investment Analyst
Nikolay Khoroshavin
Nikolay Khoroshavin
Chief Operations Officer
Chief Operations Officer
Evgeny Stukov
Evgeny Stukov
Deputy CIO
Grigoriy Kovalev, CFA
Grigoriy Kovalev, CFA
Head of Valuation
Head of Valuation
Karney Shaykhimardanov, CFA
Karney Shaykhimardanov, CFA
Head of Quantitative Research
Head of Quantitative Research
Boris Mayster
Boris Mayster
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Deputy CIO
Founder of Lighthouse Capital
Nikolay Vlasenko
Prior to establishing Lighthouse Capital, Nikolay has been a co-founder of Viktoria Group - one of the largest and successful food retailers. He was awarded "The best entrepreneur of the year" in 2003 by Ernst & Young, as well as "The best manager in retail industry" in 2000 and 2001. Nikolay also got entitled to a certificate of Russian nationwide competition "The Manager of the Year in retail industry" in 2001. Nikolay holds MBA degree of St. Petersburg International Management Institute.
Director
Andrey Khamalinsky
Andrey has more than 10 years of experience in the investment industry. In 2013, Andrey joined Lighthouse Capital Group office as a Portfolio Manager and Investment Director and became CEO in 2017. Previously, Andrey held Senior Analyst position at the Dashevsky & Partners hedge fund and was a Deputy Head of Risk Division at "ZENIT" bank. Andrey holds master's degree in Economics from National Research University "Higher School of Economics" (Moscow).
Independent director
Max Kremer
Max is a Partner in the Private Clients practice of Arendt & Medernach. Since October 2012, Max has been actively involved in advising clients in Russia and the CIS on Luxembourg legal and regulatory matters. He has been a member of the Luxembourg Bar since 2004. Max holds a master's degree in law from the Université Libre de Bruxelles (Belgium), as well as a Master of Laws degree (LL.M.) in tax law from the University of Cologne (Germany).
Senior Investment Analyst
Khoroshavin Nikolay
Nikolay has more than 4 years of experience in the financial and investment industry. He started his career at Open Broker, where was analyzing debt markets and single bond issues. Nikolay holds master's degree in finance from New Economic School (NES) and is a CFA level I candidate.
Deputy CIO
Grigoriy Kovalev, CFA
Grigoriy has more than 5 years of experience in the investment industry. Grigoriy started his career in BIG-4 companies (PwC, EY Russia) in corporate finance department and occupied various positions at large investment funds with focus on mezzanine financing and special situations (Hi capital, VB partners). Grigoriy holds masters degree from MGIMO University (cum laude) and ICN Business school (cum laude). CFA® charterholder.
Chief Operations Officer
Evgeny Stukov
Has more than 6 years of experience in the investment industry in positions of back and middle officer and more than 12 years in financial and management accounts roles.
Head of Valuation
Karney Shaykhimardanov, CFA
Karney has more than 6 years of experience in the investment industry. Previously, Karney held a Manager position at PwC Russia in business valuation department and worked at SUEK (the largest coal company in Russia) in corporate finance department with focus on M&A deals. Karney holds specialist's degree from Bauman Moscow State Technical University (summa cum laude). CFA Charterholder since 2021.
Head of Quantitative Research
Boris Mayster
Boris has over 5 years of experience in the investment industry. Previously Boris has worked in Hedge Funds and Asset Management companies, where he developed and implemented quantitative frameworks for trading and research. Boris holds an MSc in Finance from Johns Hopkins University and a BSc from National Research University "Higher School of Economics" and London School of Economics.