Bill Browder Quotes
While most people in the world probably haven't heard my name, Vladimir Putin thinks about my name on a very regular basis. He really dislikes me because I'm the guy responsible for the Magnitsky Act.
Browder, Bill. Interview. Business Insider, 24 Oct. 2017.
Hoover and most Republicans were generally opposed to sanctions and an instrument of foreign policy. 25 years after his presidency, the Republican Party started embracing sanctions as a tool of foreign policy and by the end of the 20th century, Republicans were sanction hawks. This quotation illustrates how American political parties and their philosophies change over time.
William Felix Browder is an American-born British financier and political activist. He is the CEO and co-founder of Hermitage Capital Management, the investment advisor to the Hermitage Fund, which at one time was the largest foreign portfolio investor in Russia. The Hermitage Fund was founded in partnership with Republic National Bank, with $25 million in seed capital. The fund, and associated accounts, eventually grew to $4.5 billion of assets under management. In 1997, the Hermitage Fund was the best-performing fund in the world, up 238%. The primary investment strategy of Browder was shareholder rights activism. Browder took on large Russian companies such as Gazprom, Surgutneftegaz, Unified Energy Systems, and Sidanco. In retaliation, on November 13, 2005, Browder was refused entry to Russia, deported to the UK, and declared a threat to Russian national security.