Private Equity

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GEM Capital

GEM Capital is an SEC-registered investment adviser in Chicago, IL, registered since 2012. The firm manages approximately $6.3 billion in regulatory assets.

GEM Capital logo

GEM Capital

GEM Capital is an SEC-registered investment adviser in Chicago, IL, registered since 2012. The firm manages approximately $6.3 billion in regulatory assets. It has 69 employees and 28 investment advisers.

General information

Firm type

Private Equity

Year founded

2017

Location

Region

Europe

Country

Cyprus

City

Chicago

Corporate office

Paphos, Cyprus

Principals

Anatoly Paliy

Founder & Managing Partner

Sector focus

Enterprise SoftwareAI/MLClimateTechMobility & TransportationDigital HealthRobotics & Automation

Frequently asked questions

Which geographies does GEM Capital focus on?

GEM concentrates on startups with roots in the CIS, Central and Eastern Europe, and Israel. While many portfolio companies eventually domicile in London, New York, or Singapore, GEM's origination network is weighted toward founders from Russia, Ukraine, Belarus, Kazakhstan, and neighboring markets. The firm's Cyprus headquarters provides EU regulatory cover and banking access for portfolio companies navigating cross-border operations.

What are GEM Capital's most notable portfolio companies?

Two publicly traceable names are Arrival, the British electric-vehicle company that went public through a SPAC merger in 2021, and Acronis, the cybersecurity and data-protection platform founded by Serguei Beloussov. GEM has also backed TransferGo, a cross-border payments company that closed a $100 million Series C in 2023, and maintains undisclosed positions in enterprise-AI and climate-hardware startups.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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