Balchug Capital
@balchug.com
Balchug is a private equity firm focused on real assets in emerging markets. Balchug Capital is headquartered in Yerevan, Armenia. It was founded in 2010 by David Amaryan, who serves as Chief Executive Officer and oversees all investment activity. The firm invests globally and has offices in the Middle East (Dubai) and Asia-Pacific (Hong Kong) as well as the CIS. The firm upholds the highest standards of responsible business conduct, guided by core norms and values of professional ethics. Its operations reflect a rigorous adherence to legal and regulatory frameworks, including fair competition, equitable labor practices, diligent tax compliance, anti-corruption measures, and the safeguarding of human rights and environmental integrity. Balchug’s portfolio spans landmark assets in real estate, banking, and manufacturing and has AUM of over $2 billion.
Balchug Capital's Company Logos
Balchug Capital's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#1F84D4
Curious Blue
31, 132, 212
207, 74, 48
85, 38, 0, 17
#FFFFFF
White
255, 255, 255
0, 0, 100
0, 0, 0, 0
#152028
Mirage
21, 32, 40
205, 31, 12
47, 20, 0, 84
About Balchug Capital
Balchug Capital is a leading investment firm based in Yerevan, Armenia, specializing in event-driven and value strategies. Founded in 2010 by CEO David Amaryan, the firm offers active management in liquid strategies and seeks undervalued assets in private equity investments. With a focus on disciplined, market-adapted strategies, Balchug Capital provides stable, uncorrelated returns to investors through high-quality research and risk management.
Recent acquisitions include the "Metropolis" shopping center in Moscow and the "Pulkovo Sky" business center. Beyond financial success, Balchug Capital is committed to Corporate Social Responsibility through the Amaryan Charitable Foundation, supporting education, sports, culture, and youth development in Armenia. For impactful investing and positive community impact, Balchug Capital stands at the forefront of emerging markets investment opportunities
