About Veles Capital
Veles Capital (Investment Company Veles Capital LLC), one of the oldest investment companies in Russia, has been providing services to large-scale private and corporate investors on the equities market, specializing in direct investments and investments in real estate, since 1995. The company was founded by Dmitry Bugaenko and Alexei Gnedovsky, who has been managing the company since its creation. With its long history Veles Capital had been participated in all stages of Russian financial market development. The company had passed two financial crises without open commitments and reputation damages thus gaining professional experience in different sectors of Russian market. As a result the company holds the opinion that speculative operations on financial market are less perspective than classical investments which are long term use of funds, generating stable income with the security of the base investment assets. “Real investments” according to Veles Capital are investments in business generating income to its owners; conservative strategies in equities market; real estate investments generating stable cash flow (rent income) Veles Capital believes that key factors of investment decision making proses are stability and predictability, especially in current market situation. Company’s reliability and creditability is acknowledged by authoritative rating agencies thus confirming the effectiveness of Veles Capital’s strategy.