Private equity firm Pamplona is turning to US investment companies to help cut ties with Russian oligarch backers.
Pamplona Capital Management has sought help from American financial services and investment firm Jefferies to help distance itself from Russian oligarch connections, people with knowledge of the matter told Bloomberg.
In addition, the private equity company has held initial discussions with investment giant Apollo Global Management, some of the sources told Bloomberg. The two companies didn’t speak about a structure for a deal in the talks, which were deemed provisional, one person familiar with the matter, who requested anonymity, told Bloomberg.
Read more: Yahoo Finance
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