Private capital and ventures
Andriy Saranenko: investor and CFA charterholder
Andriy Saranenko is a Ukrainian investor and financial analyst. He qualified as a Chartered Financial Analyst in 2016, became finance director of the building firm West Development in 2018 and, since 2023, has concentrated on managing private assets and investing in ventures.
His working life has taken him from bank risk analysis to company valuation and then corporate finance. He has secured more than $15 million in external investment and credit lines for housing schemes in Lviv and Ivano-Frankivsk.
Saranenko and the CFA qualification
Andriy read finance and credit at Lviv Polytechnic National University, graduating in 2011. Five years later, in 2016, he was awarded the Chartered Financial Analyst (CFA) charter, the international qualification for investment professionals.
The CFA programme has three levels of examinations. Andriy is one of only a handful of people in Ukraine to have passed all three at the first attempt.
Saranenko’s career in four stages
From a bank’s risk department to managing private capital.
| When | Organisation | Responsibilities |
|---|---|---|
| Before 2014 | Regional branch of a bank | Analyst, corporate risk department |
| From 2014 | Capital Standard, Kyiv | Appraising energy and property development companies as investments |
| From 2018 | West Development | Finance director: a complete restructure of the firm’s debt and a management accounting system |
| From 2023 | Private capital | Private wealth management and venture investing |
Andriy Saranenko’s work now
Managing private assets
Andriy has managed private assets since 2023, after years spent valuing companies at Capital Standard and running the finances of West Development.
Venture investing
Alongside asset management, Andriy makes venture investments.
Warehousing and industrial property
The area his planned fund is meant to cover: acquiring warehouse and industrial sites in western Ukraine and managing them on a commercial basis.
Key results
- Passed all three CFA levels at the first attempt, something few people in Ukraine have managed.
- Secured over $15 million in external investment and credit lines for housing schemes in Lviv and Ivano-Frankivsk.
- Optimised the tax structure of the West Development holding, lawfully lifting net profit by 18 per cent a year.
Next for Saranenko: a private closed-ended fund
Andriy intends to set up a private closed-ended investment fund.
Its remit would be acquiring warehouse and industrial property in western Ukraine and running it commercially, together with infrastructure for businesses that have relocated.