Who is 683 Capital? Russian President Vladimir Putin signed a decree on Monday authorizing New York-based hedge fund 683 Capital Partners to acquire the securities of Russian companies owned by about a dozen Western financial entities. Anyone know anything?

This seems to be under the radar...

From rt:

Moscow has given an American hedge fund permission to buy securities in Russian companies from certain foreign stakeholders, thus easing restrictions imposed in response to the Ukraine-related sanctions. The move comes amid signs of a potential thaw between Russia and the US.

President Vladimir Putin signed a decree on Monday authorizing New York-based hedge fund 683 Capital Partners to acquire the securities of Russian companies owned by about a dozen Western financial entities. Among them are Jane Street, Grantham, Mayo, Van Otterloo & Co., Templeton Asset Management, Franklin Advisers, Highmark Limited, and Carrhae Capital.

The decree then authorizes 683 Capital Partners to sell the securities to two Russian companies, Cepheus-2 and Modern Real Estate Funds, without having to apply for additional permissions.

683 Capital Partners LP invests and trades across numerous asset classes. As of December 31, 2024, its portfolio was valued at approximately $1.61 billion.

683 Capital Management is a hedge fund, Based in Newyork, that was founded in May 2006 by Ari Zweiman.

So....who is Ari Zweiman???