15 years of Capital Markets experience in Russia and Ukraine
Michael is a Canadian Citizen who has spent 15 years of his professional career in Ukraine and Russia. He has been an active investor in Kiev residential real estate since 2004, when he first noticed the massive structural deficit of housing in Kiev alongside high rental yields. His real estate experience includes identifying, evaluating, purchasing and overseeing the renovation of several residential projects in both Kiev and the surrounding area and successfully exiting all of these projects prior to the crisis of 2008 (with annualized IRRs well in excess of 35%). Mr. Stein also contributed to the success of several high profile Kiev residential property developments including Green Hills and Riviera Villas. His professional work experience includes advising more than 100 institutional investor, hedge fund and private equity investors, in Russia and Ukraine, as a Director and Partner of UFG-Deutsche and as Head of Equity Sales with Otkritie Capital in Moscow. Mr Stein holds a Bachelor of Commerce (Honors) from Queen’s University in Kingston Ontario and an MBA from the Richard Ivey School of Business in London Ontario.