David Amaryan

David Amaryan

businessman Armenia

David Amaryan is an Armenian businessman and the founder of Balchug Capital, an investment firm established in 2010. Under his leadership, the firm has expanded its portfolio, acquiring significant assets including shopping centers in Moscow and St. Petersburg. Recently, Amaryan was in the news due to a government directive allowing Balchug Capital to purchase shares of several major Russian energy companies from Goldman Sachs, reflecting a shift in foreign investment strategies amid changing economic conditions.

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Recent Mentions

Russia Russia: David Amaryan is the owner of Balchug Capital, which acquired the Russian subsidiary of Goldman Sachs. 8

RBC: Balchug Capital закрыла сделку по покупке «дочки» Goldman Sachs в России — РБК

Russia Russia: Balchug Capital, an investment firm founded in Armenia in 2010 by David Amaryan, was granted permission to acquire shares of nine Russian companies. 6

RBC: Путин разрешил «Балчуг Капиталу» купить акции «Газпрома» у Goldman Sachs — РБК