Our team consists of more than 60 outstanding experts with many years of market experience.

Management Board

President of the Management Board, Managing Director responsible for the fund’s investments and oversight over advisory projects.


Professionally active on the financial market since 1995; graduate of the Warsaw School of Economics (SGH).

In 2000, he was one of the founders of the FAS Polska consulting firm in which he served in the capacity of President of the Management Board responsible for strategic and transaction consulting for corporate clients. In 2008, FAS Polska merged with Dom Inwestycyjny Investors in which Jakub Bartkiewicz assumed the role of CEO and shareholder.
In June 2015, DI Investors evolved into Vestor DM.

Previous professional experience:

  • 2001-2003 Genesis Sp. z o.o., Vice-President
  • 1999-2001 Kouri Capital Poland Ltd.
  • 1997-1998 PricewaterhouseCoopers
  • 1996-1997 Fitch Polska (formerly CERA)
  • 1995-1996 Polish Banks Association

Participated in IPOs, M&A and advisory services for the following companies: CAM, Arteria, Dahlia Matic, Radpol, Koelner, TOP, Netia, Oresa Ventures, Progres, Tamex, Teta, WB Electronics, Tedex Production, Nordic Development, Trust, Impact, Gwarant Group, Liberty, LOT, PKP Cargo, RTL Group and Tompol.

Vice-President of the Management Board, Managing Director responsible for investments, the asset management segment and oversight over consulting projects.


Professionally active on the financial market since 1996; graduate of the University of Minnesota (US).

Previous professional experience:

  • Since 2004 FAS Polska, Vice-President of the Management Board
  • 2003-2007 Max Retail Koncept, Vice-President of the Management Board
  • 2001-2004 Independent consultant in restructuring processes and Project Financing
  • 1996-2001 Bank of America Equity Partners (Bank of America), Associate
  • 1994-1996 Case Foundation
  • 1991-1992 Coopers & Lybrand, Audit Department

Participated in IPO transactions (primary offerings) and M&A (mergers /acquisitions) for the following companies: Royal Europa, Radpol, Metalplast, Koelner, Rohling, Progres, StoneMaster, Gabbro Trade, Bytom, Impact, Ascom, Dominet Bank, RTL Group, Tompol and Optimus.

Vice-President of the Management Board, Capital Market Managing Director responsible for development of its brokerage activity.


Active on the capital market since 1997. Completed studies for his Bachelor’s degree in Finance and Banking at the Warsaw School of Economics, studies for his Master’s degree in International Finance at the University of Amsterdam and for his doctorate at the Kozminski University. He also studied at the Staffordshire University Business School, Wirtschaftsuniversität Wien and IESE Business School (Advanced Management Program).

Previous professional experience:

  • 2010-2012 Credit Suisse Securities, Managing Director, Head of Central European Equities (CE3)
  • 2006-2010 UniCredit CAIB, Vice-President of the Management Board, Head of the Equities Department in the Central Europe Region
  • 2005-2006 CAIB Securities, President of the Management Board, Head of the Research Department in the EMEA Region
  • 2003-2005 BZ WBK Brokerage House, Director of the Institutional Sales Department
  • 1998-2003 Credit Suisse First Boston, Chief Analyst for Poland;
  • 1997-1998 ABN AMRO Securities Polska.

Awarded many times as the best stock analyst in domestic and international rankings, among others, Gazeta Giełdy Parkiet (2005 – Analyst of the Year, 2006 – Best Stock Strategist), Institutional Investor Magazine (2006, 2007 – No 1 Analyst Poland, 2009 – No 1 Research Team Central Europe). Stock broker, license no. 2110.

Took part in the rights offerings of such companies as AAT Holding, AB, Altus, Amrest, Archicom, Arctic Paper, Asseco Poland (formerly Comp Rzeszow), Audioteka, Bioton, CCC, CEDC, Celon Pharma, Cinema City, Cyfrowy Polsat, Dom Development, Elstar Oil, Empik, Enea, Eurocash, E&H, The Farm 51, Getin Bank, Globe Trade Centre, LC Corp, Magellan, Mercator Medical, Multimedia, NanoGroup, Netia, New World Resources, Orbis, Orco Group, PBG, Pekabex, Petrolinvest, PGE, PKP Cargo, PKO BP, PKN Orlen, Plaza Centers, Prokom Software, Puławy, Ronson, Silvano, Selvita, Sygnity (formerly Emax), Synthos (formerly Dwory), Trakcja Polska, Warimpex, Vigo System, Vistula, Żywiec. He organized bond issues for Arteria, Getback, Hamilton, Jupiter, Onico, OT Logistics, Próchnik, Warimpex, WB Electronics, Work Service, Vantage Development, among others.


Jarosław Palejko Director of the Offering and Corporate Advisory Services Department

Responsible for bond and equity issues and financial advisory services.

He previously worked for PwC and EY.

Marcin Dobraszkiewicz, CFA Director of Vestor Corporate Finance Sp. z o.o.

Responsible for mergers and acquisitions and corporate advisory services projects.

He previously worked for Deloitte and Fidea.

Sebastian Siejko Managing Director

Responsible for the Institutional Sales Department.

He previously worked for Wood&Co., UniCredit CAIB and DI BRE Bank.

Michał Fidelus Director of the Research Department

Responsible for analyses of financial sector companies (banks, debt collection companies and investment fund companies).

He previously worked for Dom Maklerski Citi Handlowy and Citibank.

Beata Szparaga-Waśniewska, CFA Vice-Director of the Research Department

Prepares recommendations for fuel companies, IT distributors and biotechnological companies.

She previously worked for ING Securities.