Zach Mecelis
| Zach Mecelis | |
|---|---|
| File:Zach Mecelis.jpgZach Mecelis.jpg | |
| Born | 4 February 1980 Palanga, Lithuania |
| 🏳️ Nationality | Lithuanian |
| 💼 Occupation | Investor, philanthropist |
| Title | Founder of Covalis Capital, Founder of Nature Infrastructure Capital |
Zach Mecelis (Žilvinas Mecelis) is a Lithuanian investor and philanthropist.
Life and career
Mecelis grew up in Plungė and at the age of 19 he went to study in the USA.[1] In 2003 he earned a B.A. in finance from Pace University.[2]
Mecelis’ finance career began in New York City, at Wall Street, with Zimmer Lucas Partners.[3]
When Lithuania joined the European Union, he moved to London, as he explained, because of high taxes in America.[1] In 2003 he earned a B.A. in finance from Pace University.[2] He joined GLG Partners LP in London.[3] In 2006 and 2007, he was voted and ranked #1 by European energy executives as a top analyst in the Thomson Reuters Extel poll.[4][5] In 2009, Mecelis moved to Noble Group, a Fortune 500 company, where he set up Arc Asset Management.[3][5]
In 2012, Mecelis co-founded an investment management firm, Covalis Capital, a joint British-Lithuanian employee-owned venture.[6][3][7][2] Mecelis leads the firm’s global strategy and a global team in London and New York offices, managing multi-billion euros as of 2020.[2]
In 2020, Mecelis announced a 500 million euro fund to take advantage of sharp stock market moves during quarantine.[8] Similarly, in 2021, Mecelis launched a fund to profit from trends in ESG investing.[9] Mecelis is also the founder of Nature Infrastructure Capital, an energy transition, special situation private equity firm.[10]
Mecelis donated 250,000 euros to medical institutions and initiatives in Lithuania.[11] As of 2021, he is known as the private person who donated the most to the fight against COVID in Lithuania.[1] Since 2018, he has been one of the Vilnius MO Museum’s sponsors.[12]
In 2020 he was a nominee for Global Lithuanian Awards, awards for persons from the Lithuanian diaspora, in category "For Global Experience against Pandemic Challenges".[13]
References
- ↑ 1.0 1.1 1.2 https://www.lrt.lt/naujienos/verslas/4/1503405/investuotojas-mecelis-90-proc-studentu-svarsto-isvykti-is-salies-o-kiek-emigravo-notaru-ukininku-advokatu nvestuotojas Mecelis: 90 proc. studentų svarsto išvykti iš šalies, o kiek emigravo notarų, ūkininkų, advokatų?
- ↑ 2.0 2.1 2.2 2.3 "Covalis Capital's Returns, AUM and Holdings". www.insidermonkey.com.
- ↑ 3.0 3.1 3.2 3.3 "Covalis Capital's Returns, AUM and Holdings". Yahoo Finance. 2018-11-26. Retrieved 2023-05-29.
- ↑ Pereira, Luigi (2023-04-17). "Enel, ecco i nomi della lista del fondo Covalis (che non elogia il governo Meloni)". Startmag (in italiano). Retrieved 2023-05-29.
- ↑ 5.0 5.1 "Covalis Capital (2015 Winner: Wealth & Money Management Awards)". Wealth & Finance International. Retrieved 2023-05-29.
- ↑ "Vienas sėkmingiausių investicijų valdytojų Ž. Mecelis: "kartais gilinuosi ir 10 metų"". www.vz.lt.
- ↑ Borrelli, Silvia Sciorilli (2023-04-17). "Enel investor challenges Italian government over board shake-up". Financial Times. Retrieved 2023-05-29.
- ↑ Fletcher, Laurence (8 April 2020). "Covalis targets $500m fund to profit from market turmoil". Financial Times. (subscription required)
- ↑ Fletcher, Laurence (12 February 2021). "Investment firm Covalis looks to raise $1bn for ESG fund". Financial Times. (subscription required)
- ↑ "Gazelle Wind Power raises $4 million for offshore platform". www.windsystemsmag.com. 10 September 2021.
- ↑ "Kalėdų dovana Vilniaus ligoninei – lietuvis padovanojo sergančiųjų COVID-19 gyvybes gelbstinčią įrangą". www.delfi.lt.
- ↑ "MO mecenatai: krizių metu mecenatystė dar labiau sutelkia". www.mo.lt. 2 February 2023.
- ↑ Nominees 2020
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