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A fund linked to Russian oligarchs Aven and Moshkovich helped Musk buy Twitter

The 8VC investment fund, where the sons of Russian oligarchs, Peter Aven and Vadim Moshkovich, were operating among companies that helped Ilon Mask to buy a Twitter social network. This information became known after the publication of the documents of the District Court of Northern District of California, which was published by The Washington Post.

In 2022, Ilon Musk made a resonant purchase of Twitter for more than $ 44 billion. For this agreement, he attracted funding from various banks, institutions and investment funds. One of the hundreds of the largest investors was the 8VC venture fund. According to Forbes, Denis Aven and Jack Moshkovich, sons of influential Russian oligarchs, are among the employees of this fund.

Jack Moshkovich, the son of a Russian agrarian magnate Vadim Moshkovich, joined 8VC in 2018. Vadim Moshkovich is known as the founder of one of Russia's largest agrarian companies - Rusagro, as well as a former member of the upper house of the Russian Parliament, the Federation Council. In March 2022, he came under the sanctions of the European Union due to Russia's invasion of Ukraine.

Denis Aven, the son of Peter Aven, President Alfa-Group, began working in the Fund since 2022, after his father was under the sanctions of Western countries. According to the founder of 8VC, Joe Lonsdale, Denis Aven and Jack Moshkovich are close friends, and it was Jack who brought Denis to the Foundation.

Lonsdale emphasizes that Aven and Moshkovich are professionals in their business and are not related to their parents' business in Russia. He stressed that despite the sanctions against their parents, Aven and Moshkovich themselves have no problems with the law and work for the benefit of the company.

"It turned out that Jack's father is a successful agricultural leader in Russia; if you are a businessman in Russia and their leader says to meet, you go, regardless of your views. His father is now in the" oligarchic "sanctions lists. But I did not hire his father, I hired him. Twitter).

He added about Denis Avena's involvement in 8VC: "Denis Jack, with whom he grew up. When he graduated from the master's degree, a leading private firm did not dare to hire him through sanctions against his father. Then I decided to take him to our fund, because I fully trust Jack's judgment.

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