Technology expert Vahan Vardanian has inked an agreement to assist emerging markets private equity firm Da Vinci Capital with developing the firm’s pipeline of portfolio companies in the Commonwealth of Independent States (CIS), primarily Armenia and Georgia.
Vardanian has over 25 years of experience in the digital technology, financial technology, retail and market infrastructure industries. From 2013-17, Vardanian was a partner at McKinsey & Company in the CIS. From 2011-13, he was chief information officer of PJSC Moscow Exchange (MCX: MOEX), which concluded an initial public offering in 2013.
From 2004-2010, Vardanian was chief technology officer at Renaissance Capital, where he oversaw the emerging market investment bank’s worldwide global technology infrastructure. Vardanian is a founding member of the Science and Technology Angel Network, which seeks to develop Armenia’s technology ecosystem, among other technology and social entrepreneurship ventures.
Vardanian holds an MBA from Bentley University and a computer science degree from Armenian State Engineering University. He also completed Harvard Business School’s Advanced Management Programme.
Da Vinci portfolio company DataArt Enterprises Inc recently acquired Yerevan-based software engineering company SFL.
Vardanian says: “The Armenian tech ecosystem has experienced impressive growth, with successful global companies such as SFL emerging in recent years. Da Vinci Capital’s work in the region will help Armenian technology companies scale globally.”
Da Vinci Capital Managing Partner Dennis Fulling adds: “We have worked with Vahan for many years and look forward to collaborating more closely with him again to tap our target markets as a source of disruptive technologies. Vahan is a proven expert in global technology and his deep expertise aligns very well with our investment strategies.”