Kirill Pisarev

Kirill Pisarev (Russian: Кирилл Валерьевич Писарев; born June 16, 1969), is a Russian entrepreneur, investor and a co-founder of PIK Group, a Russian-based residential real estate developer.

Kirill Pisarev
Born (1969-06-16) June 16, 1969
Moscow, Russia
OccupationBusinessman
Investor
Net worthUSD$600 million (January 2020)

Early life

Kirill Pisarev was born in Moscow, Russia. In 1987-89, he served in the Soviet Army. He graduated from the State Finance Academy of the Russian Government with a degree in Finance and Credit in 1995 [1].

Career

In 1994, Kirill Pisarev co-founded the first mortgage company (“PIK Group”) [2]. By 2007 the company had become Russia’s largest residential developer, bringing online in excess of 1 million square meters of space per year. In June 2007, PIK Group completed a $1.93 billion IPO on the London (LSE) and Russian (RTS, MICEX) stock exchanges, the largest ever real estate IPO in Europe and globally (non-REIT). The company was valued at $12.3 billion [3]. To date, PIK Group has completed in excess of 13 million square meters of housing[4]. Pisarev served as the President of the company between 1994-2009. In 2009-11, he acted as the Chairman of the Board and a Director of the company [1].

Pisarev’s current business interests have been reported to include: Wainbridge Capital[5], a Jersey-registered real estate investment and asset management company; The Collection[6], a luxury property services company; and Housing Financing Bank[7], a Russia-based specialized residential mortgage originator.

Personal life

He is married with 4 children.

References
  1. "INFORMATION ON CANDIDATES FOR THE BOARD OF DIRECTORS OF PIK GROUP" (PDF). PIK Group.
  2. "Property Week: Nice one, Kirill". Property Week.
  3. "PIK ANNOUNCES STRONG FINANCIAL RESULTS FOR 2007". RNS.
  4. "Affordable Housing". PIK Group.
  5. "Wainbridge Completes First Close of Real Estate Value-add Fund and its Debut UK Investment" (PDF). Wainbridge Limited.
  6. "Moscow developers are far behind London". Wainbridge Russia.
  7. "Housing Financing Bank". Russian banks.


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