Paul Swigart is the CEO of Xtellus Capital Partners, a NY-based investment banking boutique with a focus on developing markets and emerging technologies. Mr. Swigart is also the Managing Principal of Steep Rock Ventures, through which he has made a number of early stage investments in the US and internationally.
From 2010-2018, Mr. Swigart was the CEO of VTB Capital Inc, the US investment banking division of one of Russia’s leading financial groups. From 2006-2014, Mr. Swigart was a Principal and Director of Steep Rock Capital, a Cayman-based investment company that acted as the Adviser to the Steep Rock Russia private equity funds. Previously, Mr. Swigart was a Partner at United Financial Group (UFG), a leading independent Russian investment bank. During his time at UFG, Mr. Swigart served as Head of International Equity Sales and CEO of the UK operations. UFG was acquired by Deutsche Bank in 2006. Mr. Swigart also spent several years working as a portfolio manager and analyst covering the Emerging European and Latin American markets for Omega Advisors and Scudder Kemper in New York. He began his career in 1993 as a corporate finance analyst in the Latin American group at CS First Boston, working in both New York and Mexico City.
Mr. Swigart graduated Magna Cum Laude from Princeton University with a degree in History and dual concentrations in Russian Studies and Latin American Studies.
Mr. Swigart served as a non-executive Director on the Board of EOS Russia, a Stockholm-listed investment company, and as a non-Executive director on the Board of ASBISc Enterprises, a Warsaw-listed IT hardware distribution company. He also served for one year on the Board of Directors of Lenta, a leading food retailer in Russia that listed on the LSE in February 2014. Mr. Swigart currently serves on the boards of directors of a number of early stage companies.