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Published on: 10/2/2000
Last Visited: 2/23/2002
Mark Lisnyansky, is currently the Chairman of Allin, Blitz & Co., the Investment Manager.He is also the founder of Silvel.Mr. Lisnyansky founded Silvel in 1993 as a trans-shipping operation specializing in fertilizers.During the next two years, through the post of St. Petersburg, Silvel exceeded trans-shipping volumes of 500,000 metric tons of fertilizer per year.Between 1994 and 1996, while directly heading up Silver, Mr. Lisnyansky developed its asset management business.Mr. Lisnyansky lead early investors to accumulate millions of Lukoil preferred shares at prices of less than $1.00, and subsequently liquidated these same shares with a gain of over 700%.He was also one of the first investment managers to identify Gasprom and other undervalued securities.According to a review by the accounting firm of Arthur Andersen, in the third quarter of 1994 alone, funds under Mr. Lisnyansky's management achieved annualized return of 155%.From 1989 to 1993, Mr. Lisnyansky founded and served as President of ELLO, a Russian computer and office automation wholesaler company employing over 300 people, with total sales in excess of $40 million.Mr. Lisnyansky graduated from New Jersey Institute of Technology in 1987 with a Bachelor of Science Degree in electrical engineering and a minor in finance.He was awarded a distinction in Humanistic Studies and is a member in Phi Eta Sigma Honor Society.Mr. Lisnyansky is a Chairman of the Board of the Directors of Sosna, - one of Russia's largest furniture manufacturers, as well as a Vice-Chairman of the Board of the Directors of Solikamsk Magnesium Works - one of world's biggest magnesium producers.