SergeiMagnitskyworked forHermitageCapital, an investment fund run by BillBrowder, once a loyal Putinist who was barredfromRussia in 2005 after feudingwithfirmsclose tothe Kremlin.
According to the hedge fund and investor Hermitage Capital Management, between 1997 and 2001 the company lost 10% of its gas reserves via share dilution to partners in various joint ventures, totaling an amount equal to Exxon's entire reserves at the time.