William Browder, founder and CEO of Hermitage Capital Management, was the largest foreign investor in Russia until 2005, when he was denied entry to the country for exposing corruption in Russian state-owned companies.
In 2009 his Russian lawyer, Sergei Magnitsky, was killed in a Moscow prison after uncovering and exposing a US$230 million fraud committed by Russian government officials. Because of their impunity in Russia, Browder has spent the last ten years conducting a global campaign to impose visa bans and asset freezes on individual human rights abusers, particularly those who played a role in Magnitsky’s false arrest, torture and death.
The USA was the first to impose these sanctions with the passage of the 2012 “Magnitsky Act.” A Global Magnitsky Bill, which broadens the scope of the US Magnitsky Act to human rights abusers around the world, was passed at the end of 2016. The UK passed a Magnitsky amendment in April 2017 and recently imposed its first wave of ‘Magnitsky sanctions’ on 6th July 2020. Magnitsky legislation was passed in Estonia in December 2016, Canada in October 2017 and in Lithuania in November 2017. Similar legislation is being developed in Australia, France, Denmark, Netherlands, South Africa, Sweden and Ukraine.
In February 2015 Browder published the New York Times bestseller, Red Notice, which recounts his experience in Russia and his ongoing fight for justice for Sergei Magnitsky.
Paul E. Singer is the founder and president of Elliott Management Corporation, a New York–based trading firm. Launched in 1977 with $1 million of capital, total assets under management for the Elliott funds have grown to approximately $41 billion as of July 1, 2020. Elliott has affiliated offices elsewhere in the United States, London, Hong Kong and Tokyo.
Mr. Singer is co-founder of Start-Up Nation Central, an Israel-based non-profit organization. He is also chairman of The Manhattan Institute for Policy Research.
Mr. Singer holds a B.S. in Psychology from the University of Rochester and a J.D. from Harvard Law School.
Jeff cofounded Centerbridge Partners in October 2005 with Mark T. Gallogly. Together, they oversee and have ultimate responsibility for the Firm’s investment activities and serve as members of the Management Committee.
Jeff has been active in alternative investments, including credit, distressed strategies & special situations, private equity and real estate, for more than 30 years, and has been deeply involved in many U.S. and overseas restructurings. Prior to cofounding Centerbridge, Jeff was a Partner at Angelo, Gordon & Co., where he led that firm’s distressed securities and leveraged loan efforts. Before joining Angelo, Gordon & Co. in 1989, Jeff served as Senior Corporate Counsel at L.F. Rothschild & Co. He began his career as a securities attorney with the law firm of Stroock & Stroock & Lavan LLP.
Jeff is the former Chair and a current member of the Board of Trustees of Johns Hopkins University and also serves as a member of the Board of Trustees of Johns Hopkins Medicine and New York University School of Law.