From left to right – Valeri Petrov and Martin Ouzounov
We are very pleased to officially announce that both Valeri Petrov and Martin Ouzounov are now Partners at Eleven.
Besides very good friends of Eleven, Valeri and Martin have been actively involved in our development, particularly during the last years. Valeri has been a mentor at Eleven since the very beginning, an advisory board member of our first fund and lately a Chairman of the Board of our publicly listed vehicle Eleven Capital AD. He is one of the pioneers of private equity in Bulgaria, as an investment director at Global Finance, later Partner at Bancroft Private Equity and Axxess Capital. Prior to Eleven Valeri has participated in more than 20 investments for over EUR 200m, and 7 exits for over EUR 80m. His managerial experience includes a position with Royal Dutch Shell as a Commercial Director for Bulgaria and Romania and CEO of Orgachim.
Valeri will be working closely with #OneOf11 companies bringing his valuable fundraising and managerial experience. In addition, he will be actively involved in our Healthtech and Future of Food verticals due to his deep understanding and contacts in these industries.
On the other hand, Martin has been COO at Eleven for the past year and very actively involved in the IPO process of Eleven Capital. During his career he managed or participated in projects related to mergers, acquisitions, investments, and divestments for a total of more than EUR 250m. He also co-founded or was part of the management team of several startup projects in sectors like telecom, real estate, software and hardware development. His managerial experience before joining Eleven includes auditor at Ernst and Young, CFO at Heidelberg Cement, COO at Avangard Solutions, M&A Manager at VM Finance Group, and CFO at EnduroSat.
Martin will be leading the operations at Eleven, overseeing the reporting and investor relationships at our funds and will further extend his financial and M&A expertise towards the #OneOf11 companies.