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Ex-Goldman Executive’s Hedge Fund Purges All Cash Tied to Russians

  • Fund’s board decides to redeem capital affected by sanctions
  • Eisler had started fund with money linked to Mikhail Fridman
Updated on

Ed Eisler’s hedge fund has returned all Russia-linked cash as the investment firm distances itself from sanctioned companies or individuals after Vladimir Putin’s invasion of Ukraine. 

The fund’s board decided Thursday to redeem all capital affected by sanctions imposed by the U.S., European Union or U.K., according to an internal memo seen by Bloomberg. As a result, Eisler Capital no longer has direct or indirect exposure to Russian capital in any of its funds.