Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin , @giacomotognini , and @_iainmartin X: Hussein Kanji / @hkanji : I am shocked, just shocked to hear about this connection https://www.forbes.com/... Iain Martin / @_iainmartin : Russian oligarch Roman Abramovich quietly invested $63 million in a string of European startups through his relationship with London-based venture firm Target Global, according to a cache of documents reviewed by Forbes https://www.forbes.com/... Iain Martin / @_iainmartin : The files uncovered in the leak of documents from Cyprus-based offshore provider Meritservus that were shared with the @OCCRP offer a rare glimpse into the relationship between limited partners, and venture capitalists. Giacomo Tognini / @giacomotognini : Must-read investigation from the brilliant @_IainMartin into sanctioned oligarch Roman Abramovich's $63M of investments in several European startups through VC firm Target Global - and how important his $$ was to Target's funds Iain Martin / @_iainmartin : Abramovich also used Target special purpose vehicles to back some of Germany's most high profile startups like Auto1, Delivery Hero, Circ (acquired by Bird), and London-based female health app Flo.