Jewish american biographies

Roman Abramovich asset-management company

Millhouse Capital is a British registered company. It was created in 2001 to manage assets owned by the Russian businessman Roman Abramovich and his partners.

Overview

The chairman of the company is Russian-American businessman Eugene Shvidler. Its assets under management included major stakes in oil company Sibneft (now Gazprom Neft), Russian Aluminium, Aeroflot, and RusPromAvto, as well as investments in electricity, pulp and paper processing, insurance and banking.^{[citation needed]}

The company controls the Prodo agricultural group, which it took over in 2003.^[1]

Holdings

Millhouse Capital's shareholders sold their 26 per cent holding in OAO Aeroflot in 2003^[2] and a 50 per cent stake in OAO Russian Aluminium (UC RUSAL), now the world's largest aluminium producer, in two deals spanning 2003 and 2004.^[3][4] The sale prices were not disclosed.