What was the original seed capital of the Hermitage Fund?
$50 million
$100 million
$25 million
$75 million
Answer
The Hermitage Fund is an investment firm founded in 1996 by American billionaire and former hedge fund manager Bill Browder. The fund's original seed capital was $25 million, and it was one of the first Western investment firms to invest in Russia after the collapse of the Soviet Union.
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