A Western investor who has been operating in Russia for decades has shifted his focus to Ukraine — Bloomberg
American financier Richard Deitz, who has invested in the Russian market for many years, has shifted his investments to Ukraine and has become one of the largest creditors of strategic Ukrainian companies.
Bloomberg reports this.
The founder of the hedge fund VR Capital has been active in Eastern European markets for over 30 years. In the 1990s, he worked in Moscow, where he helped build the investment bank Renaissance Capital, which became one of the key channels for attracting Western capital to Russia after the collapse of the Soviet Union.
After the Russian default in 1998, Deitz founded his own fund, VR Capital, which specialized in distressed debt.
According to the investor, the events of 2013–2014 in Ukraine were a turning point. After the Revolution of Dignity, he began increasing his investments in the Ukrainian economy, while Russia, in his view, was moving increasingly toward authoritarianism.
Currently, VR Capital is collaborating with Ukrainian companies that are of strategic importance during the war, particularly in the energy, defense, and critical infrastructure sectors.
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