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.
21 Articles
21 Articles
Putin opens door for US hedge fund to invest in Russian assets
In a significant policy shift that could signal a thaw in relations between Russia and the United States, President Vladimir Putin has signed a decree granting an American hedge fund, 683 Capital Partners, the authority to acquire Russian securities previously held by Western financial entities. This move, which comes after years of strained relations between the two countries and in the wake of the Ukraine-related sanctions, marks a moment of p…
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Putin Allows Some Western Funds to Sell Russian Securities
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Putin decree authorises US hedge fund to buy foreign-owned Russian securities
Russian President Vladimir Putin has given a U.S. hedge fund permission to buy securities in Russian companies from certain foreign stakeholders and authorised their future sale to two Russian funds, a presidential decree showed on Monday.
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