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Putin decree authorises US hedge fund to buy foreign-owned Russian securities

  • Russian President Vladimir Putin authorized U.S. Hedge fund 683 Capital Partners LP to purchase securities in Russian companies from other foreign funds, according to a decree published on March 17.
  • U.S. President Donald Trump is scheduled to discuss a proposed ceasefire in Ukraine with Putin on March 18, as diplomatic engagement between Washington and Moscow increases.
  • Russia's Prosecutor General's Office designated The Moscow Times as an 'undesirable' organization, which criminalizes its work and risks prosecution for its staff.
  • The decree allows two Russian companies, Tsefey-2 and Sovremennye Fondy Nedvizhimosty, to buy 683 Capital's securities without needing Putin's approval.
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L'AGEFI broke the news in on Monday, March 17, 2025.
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