About company

Aquarium Investments is a company specializing in global capital management services. We are an experienced and dynamic team with a clear development strategy.

Key competencies

Investment approach and philosophy

Our investment products allow the client to choose an individual portfolio with diversified market strategies based on expected risk and return.

Professionalism, convenient quality of service,individual approach, reliability and transparency – these are the key differentiators enjoyed by our customers. Cumulative experience in the financial markets of analysts and portfolio managers exceeds 50 years.

Important components in our approach to managing capital are risk management and diversification.

Our Value-at-Risk model allows us to understand and minimize potential losses during adverse market conditions.

Broad diversification by country and sector is a key attribute in reducing credit and political risks.


Executive Board

Paul Melamed
Chairman of the BOARD

In 1999 Paul Melamed has graduated from the University of Leeds (UK) acquiring a BA in Management Studies. MSc degree in International Securities, Investment and Banking was obtained in 2000 from the University of Reading’s ICMA Centre. Paul has held various roles in the financial services industry over a period spanning more than 13 years. These included FX interbank trading and dealing, fund management and proprietary trading roles in a number of Latvian banks and financial companies. In 2007 he was appointed as a Member of the Board of JSC "Aquarium Investments" IMF and holds this position to this day. He became a partner in JSC "Aquarium Investments" IMF in 2014.

Roman Popov
Member of the BOARD

In 2007 Roman Popov graduated from the University of Latvia (Riga, Latvia) with a Bachelor's Degree in Economics. The following year he earned a Master's Degree in Finance and Investment from the University of Brighton (Brighton, UK). During 2009-2010 Roman worked as a financial market analyst in JSC "Rietumu Banka". Afterwards he joined "Aquarium Investments" in the role of asset manager. In 2015, Roman was elected Member of the Board of "Aquarium Investments", a position he still occupies.

Kristina Savinska
Member of the BOARD

Kristina Savinska has graduated from the Riga Technical University, where studied Financial Information Technologies. Has more than 10 years of experience in bookkeeping and accounting of financial institutions. In 2014 joined "Aquarium Investments" in the role of chief accountant.


Jelena Popova
Chairman of the Council

Graduated from University of Latvia Faculty of Economics with distinction. Attained Professional Diploma in Financial Services Management from Institute of Financial Services London, UK. Jelena has got more than 25 years of experience in financial services working as a VP of Rietumu Bank, managing several departments including private and corporate banking, operations and client services. She joined Aquarium investments in 2019 becoming a shareholder and partner. Her experience. professionalism and vision provide immense value in strategic direction of the company.

Dmitry Kroutick
member of the Council

In 1997 Dmitry Kroutick graduated from the Social Technologies Institute, Latvia. In 1995 Mr Kroutick joined Rietumu Bank, where in 1998 occupied the position of Head of Brokerage Department. Between 2006 and 2013 he worked as the Vice President and Head of Securities and Financial Markets Department at JSC “Rietumu Banka”. Currently he holds the position of Chairman of the Board at JSC "Aquarium Investments" IMF.

Adam Weis
Member of the Council 

In 1991 Adam Weis graduated from the Ithaca College (New York, USA) with a Bachelor of Science degree. In 1996 Adam joined Refco Securities Inc. as a broker and occupied this position for nine years. At the end of 2005 he moved to MF Global Inc. and had been working there for six years also as a broker. Afterwards Adam worked for several leading US participants of the financial markets, such as ABN AMRO Clearing Chicago LLC etc. Сurrently, Adam is a Managing Director at Paragon Global Markets Inc, in New York.  He has unique experience as a Sales and trading professional.


Aquarium Investments is officially registered in the Enterprise Register of the Republic of Latvia and has got all the necessary licenses for the investment services provision.