Svyatoslav Karchevsky

My professional experience in investments and corporate finance is about 15 years. Over the years, I have worked my way up to Vice President at one of the world's largest sovereign wealth funds, RDIF. I am a professional not only in the world of investment transactions on the buy / sell side and portfolio management, but also in the field of financial management, since investment analysis requires a deep understanding of finance, management accounting and business intelligence.

RDIF (Russian Direct Investment Fund)                                   Aug’2021 - Present

Sovereign investment fund, Vice-president

• Portfolio management (restructuring, redomiciliation, strategy, budgeting, liquidity management, dividend forecast)
• Preparation and reviewing of internal documents (memoranda, presentations, reports, opinions) to gain approvals from investment committee
• Carrying out registration activities and obtaining EUA of Sputnik V and Sputnik Light vaccines in different countries
• Organization of scientific research on the effectiveness of the Sputnik vaccines

Far East Development Fund, VEB Group       Sep’2013 – Apr’2014, Feb’2015 – Aug’2021

State infrastructure and development fund, Managing director

• Managing deal transactions involving origination, analyzing, running due diligence process, structuring, negotiation, execution, financial closure, and subsequent monitoring (CP, CS, covenants)
• Interacting with legal advisers and internal legal counsel on forming negotiating position and preparation of legal documents, reviewing term-sheets, SPA’s, SHA’s, options, facility agreements, inter-creditor agreements, security and pledge documentation in complex debt and equity transactions
• Negotiating legal documents with clients and co-investors, forming negotiating position, developing committed and optional positions, trade-off, and dispute resolution
• Coordinating multiple work streams with clients, co-investors, external advisors (financial, tax, legal, technical), regulation authorities, internal team members
• Preparation and reviewing of internal documents (memoranda, presentations, reports, opinions) to gain approvals from investment committee, BoD, VEB
• Structuring of complex debt and equity transactions (funding purpose, funding limits, reimbursement, collateral, security, reps and warranties, indemnities, events of default, corporate governance, reserved matters, deadlock resolution, options, board representation, tag/drag and other clauses, options and exit strategy)
• Facilitating due-diligence process, including selection of relevant external advisors, preparation of RFP and scope of work, quotation, completion and work acceptance
• Managing, reviewing, and training junior team to deliver first-class work product, including financial models, memoranda, presentations for IC and BoD, communication with all parties involved in transaction
• Building from scratch and reviewing financial models prepared by clients, BIG4 and investment team (analyst/associate)
• Analyzing IFRS and non-IFRS accounting statements, managerial accounts and financial projections
• Precise team management to ensure proper approach to younger members who need more attention to their education and to more experienced members who need more credibility to show oneself
• Completed deals:
  • Nakhodka mineral fertilizer plant ($2.5 bn project investment incl. $100 mn from the Fund)
  • Rosagro pig breeding and processing plant in Primorsky Krai ($500 mn project investment incl. $70 mn from the Fund)
  • Uranium mining in Krasnokamensk ($300 mn project investment incl. $70 mn from the Fund)
  • Greenhouse complex in Sakha region ($40 mn project investment incl. $13 mn from the Fund)
  • Belogorsk soybean processing plant ($90 bn project investment incl. $30 mn from the Fund)
  • Kamchatka gold mining projects of Renova group ($180 mn project investment incl. $30 mn from the Fund)
  • Sakhalin coal mining ($650 mn project investment incl. $40 mn from the Fund)

Invest AG                                                                                           Apr’2014 – Feb’2015

Family office ($900 mn of NAV), Senior analyst

Specialized in forestry and commercial real estate

• Prepared teasers, presentations, investment and performance memoranda for shareholders
• Managed project companies (strategy, budgeting, liquidity management, dividend forecast, employment of key management, personnel evaluation)
• Worked in close cooperation with top-management of portfolio companies on a wide spread of operating and strategic issues
• Verified due diligence reports (financial and technical)

Marshall Capital Partners                                                               May’2010 – Sep’2013

Russian private equity fund (>$2 bn of AUM), Senior analyst

Specialized in telecom, IT, real estate, construction and agriculture

• Managed portfolio companies (M&A, strategy, budgeting, liquidity management, dividend forecast, employment of key management, personnel evaluation)
• Prepared investment presentations, teasers, memoranda for shareholders
• Prepared and verified comparable & DCF valuation models (specialized in telecoms, construction, real estate, agriculture)
• Worked in close cooperation with top management of portfolio companies on a wide spread of operating and strategic issues
• Verified due diligence reports (financial and technical)
• Worked as deputy CFO of real estate portfolio company: developed managerial PL, BS and CF reporting systems; intra-group loan management
• Prepared consolidated managerial financial statements (BS, P&L, CF) of the real estate subsidiary to be transmitted further to foreign investors of Marshall Capital Partners
• Managed analyst and treasurer of the real estate portfolio company
• Raised debt financing from Sberbank to finance resort investment project

Vimpel-Communications                                                                Jul’2009 – May’2010

Global telecom operator, Financial Analyst

• Developed DCF models and performed investment projects analysis of new tariffs and marketing activities many of which were launched in 2009-2010
• Prepared presentations along with analysis of financial & marketing results for TOP-management; materials were used further by the TOP-management for tactical decision making
• Performed weekly forecasts of key financial & marketing indicators using historical data, seasonal factors, year-to-day actual figures etc.

Russian Railways                                                                            Sep’2005 – Mar’2008

Railway transportation and infrastructure, Economist

• Wrote VBA macros to improve internal management efficiency: automated reports, development of accounts payable system; reports were used then by the treasury for cash management. Worked as a managerial accounts developer: accounts payable system and supply control
• Participated in spare parts requirements planning on a quarterly and yearly basis; performed budget performance analysis of financial and physical indicators

• Moscow State University, faculty of Economics, Master’s degree, specialized in Corporate Finance (GPA 4.7/5.0) - 2009
• Moscow State University, faculty of Economics, Bachelor’s degree, major in corporate finance and financial management, awarded an excellent diploma and a gold medal (GPA 4.8/5.0) – 2007
  • Member of University football team
• CAIA Association - Chartered Alternative Investment Analyst - 2012
• CFA Institute - CFA Levels 1 and 2 passed from the first attempt - 2009