Early Facebook backer tied to Russia bank, Kushner platform
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New York
A PROMINENT Silicon Valley investor who was an early backer of Facebook Inc partnered in two investments with the Russian state-controlled bank VTB Bank PJSC before it was sanctioned, his spokesman has confirmed.
Yuri Milner, the Russian-born founder of DST Global, also invested US$850,000 of his personal money last year in Cadre, a real-estate investing platform co-founded and partially owned by the family of Jared Kushner, US President Donald Trump's son-in-law and senior adviser. Mr Milner's spokesman said that VTB played no part in his Cadre investment, which was done solely on the business merits of Cadre.
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