Independent judgement
Advice is shaped by the investment case and evidence, not by a requirement to promote every project.
Firm and Team
Independent advice, local knowledge and senior accountability
Capital 482 is an independent investment advisory firm focused on preparing and executing private sector investments in Ukraine.
Capital 482
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Built to connect credible projects with serious capital
We work with international investors seeking opportunities that have been thoroughly assessed and with Ukrainian sponsors that need to prepare their projects for investment. We help both parties assess the investment case and complete the preparation needed to proceed.
Established in 2023, Capital 482 provides independent advice with senior advisers closely involved in each engagement.
How we operate
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Principles that guide every mandate
Evidence before narrative
Commercial claims, assumptions and financial conclusions must be supported and clearly traceable.
Senior involvement
Experienced advisers remain accountable for the judgement, quality and direction of the work.
Execution focus
Preparation is designed around the decisions and actions required to move a credible project forward.
Our team
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Senior experience across investment, finance, energy and law
Sergiy Tsivkach
Founder & CEO
More than 25 years across private equity, public policy and national investment promotion. Former Adviser to the Prime Minister of Ukraine and CEO of UkraineInvest, where he supported more than USD 1 billion in foreign investment and built a pipeline exceeding USD 3 billion. He is also a Senior Adviser at DGA Albright Stonebridge Group and an Adjunct Fellow at CSIS.
Oleksiy Tsukanov
Private Equity & Banking
More than 20 years in private equity, investment banking and development finance across Ukraine and international markets. His experience includes Burlington Capital, EBRD, Barclays Capital, Standard Bank and advisory work for IFC and the Ministry of Agrarian Policy of Ukraine.
Serhiy Yermilov
Energy Infrastructure, Power Generation & Renewables
More than 40 years in large-scale power and industrial energy infrastructure. He has led major nuclear and combined-cycle generation projects, served twice as Ukraine’s Minister of Fuel and Energy and chaired the National Agency on Energy Efficiency. He currently develops and advises distributed power generation projects.
Alena Sumina
Legal, Structuring & Government Relations
International corporate and investment lawyer with leadership experience in private companies and UkraineInvest. Her work covers due diligence, restructuring, risk mitigation and investment agreements, including coordination of more than 50 projects exceeding EUR 3 billion.
Work with us