Boyan Petrov Heads for His Most Challenging Expedition Yet with Karoll Capital and Schroders

At the beginning of next week, high-altitude climber Boyan Petrov will start his new expedition from the project "BULGARIAN TO 14 X 8000".  For 2018he set himself the ambitious goal of conquering 5 peaks – the eight-thousanders Shisha Pangma, Everest and Cho Oyo, as well as seven-thousanders Khan Tengri and Pobeda. The latter was announced at the press conference disclosing the mountaineer’s plans for the year. The founder of Karoll Financial Group, Stanimir Karolev, participated in the event too. Schroder Investment Management and their local partner Karoll Capital, support Boyan Petrov in his project to climb all 14 eight-thousanders and win the Himalayan crown.

"We support Boyan’s project mostly because there is much emotion and a big dream involved," stated Stanimir Karolev. "In a way the project is relevant to the world of entrepreneurship too. At the top of big business as well as at the top of the mountain it is hard to live, it is about survival. What business people are focused on is not how to stay on top, but how to get there," he added.

Boyan Petrov 's plans begin with the ascent of Shisha Pangma (8,013m). Next he will head to Everest (8,848m).  Step 3 and 4 are the seven-thousanders Cannes Tengri (6,995m) and Pobeda (7,443m). The last peak in the mountaineer's yearly plan is Cho Oyo (8,201 m). He included the two seven-thousanders to maintain his peak state during the summer. The climbing of Mount Pobeda has another purpose too - the Snow Bars collection - the 5 seven-thousanders of the former Soviet Union. So far Boyan has already ascended 4 of them.

The extreme-altitude climber announced that his functional tests turned out excellent, so he heads out on the expedition in a good shape. If he successfully climbs the 3 eight-thousanders this year, Boyan will have conquered 13 such peaks. The last one - Lhotce - which would bring him the Himalayan crown, is what’s left for 2019.

Until today, only 39 mountaineers have gained the Himalayan crown, with just 19 having conquered the peaks without the help of supplemental oxygen or Sherpas.

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Karoll Capital Management is an independent, flexible, entrepreneurial asset management company established in Sofia in 2003. Our dedicated team based on the ground and with deep understanding of the local markets helps clients harness the exciting potential of Emerging Europe. Our belief that Emerging Europe represents a truly outstanding, yet overlooked investment opportunity has led us to launch a suit of specialty equity strategies - UCITS mutual funds and SMAs.

Karoll Capital advises individual and institutional investors - pension funds, insurance companies and endowments. The firm complies with UN's Principles for Responsible Investment. Karoll Capital partners with top international firms in offering clients a variety of global mutual funds, SMAs, sub-advisory, savings plans, and wealth management. We represent Schroders in the local market with 100+ global funds, domiciled in Luxembourg.

Over 25 years Karoll Financial Group has pioneered groundbreaking products like the first equity mutual fund, private equity firm, farm land REIT, as well as top-ranked brokerage, investment banking and insurance platforms.

Further information about Karoll Capital Management can be found at www.karollcapital.bg

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