The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Investment banking: Maximus Capital targets gain without the pain

A new investment banking boutique has been established to service clients in the Baltics and the Commonwealth of Independent States looking for moderate-yield, low-volatility investment opportunities. Maximus Capital is headquartered in the Latvian capital, Riga, but also has offices in Baku, Kiev, London and Moscow.

Maximus was founded by Gene Zolotarev, who boasts more than 20 years’ experience in investment banking and asset management. Before setting up Maximus, Zolotarev spent 10 years at Parex Bank, Latvia’s second-biggest financial institution, most recently as deputy chairman.

Commenting on the decision to establish Maximus, Zolotarev says: "At Parex Bank we accumulated a wealth of knowledge and experience and felt the timing was right to strike out on our own," adding that a number of the Maximus team worked together at Parex and established a strong track record of delivering positive returns for investors month in, month out.

"The message we are sending out to clients is that we will produce consistent, stable results"

Gene Zolotarev,
Maximus Capital

Maximus is looking to focus on four core areas. The first is wealth management. "The message we are sending out to clients is that we will produce consistent, stable results, significantly above bank deposit rates but with minimum volatility – we won’t be chasing every last buck and putting principal investment at risk," says Zolotarev.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree