"Our CEO just…disappeared": Where's Blackfield Capital's Kim Karapetyan?

Chaos Rules at Russian Hedge Fund as Boss Vanishes

Excerpt:

Blackfield Capital CJSC was one of Moscow’s hottest hedge funds, hosting glitzy parties and embarking on ambitious plans to expand to the U.S. The firm’s founder in 2013 even rented a Manhattan apartment for a record-setting price, according to a real-estate broker, and instructed his U.S. staff to buy a $300,000 sports car. Now, the founder is missing, allegedly along with all of the firm’s assets, according to former employees, in an international mystery that has captivated Moscow’s investment community. The firm’s employees didn’t know anything was amiss until mid-October, when three men charged into Blackfield’s offices in an upscale complex along the Moscow River in central Moscow, said people who were there. The men, who didn’t identify themselves, said they were looking for Blackfield’s 29-year-old founder, Kim Karapetyan, according to the people who were there.

Comment: Never trust someone who wastes money! Image capture. WSJ may be behind paywall. Alternate link. Official site. Probably a better post title from Yahoo Finance: 29-Year Old Russian Hedge Fund Founder Disappears With All The Firm's Money