Vadim Kleiner admits that “in the early days” his job could be a little dangerous, but now he assures me he has good relations with many of his old “enemies”. He says: “They understand it’s just business. Purely money. Nothing personal.”
Kleiner has worked at Hermitage Capital Management for five years. But this being Russia and Hermitage being the famously activist investment company set up by Bill Browder, Kleiner’s work remit is different from that of the average equity analyst.
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