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On April 26, 2016, [[Yahoo News]] investigative reporter Michael Isikoff published a story about Paul Manafort's business dealings with Russian oligarch Oleg Deripaska.
 
On April 26, 2016, [[Yahoo News]] investigative reporter Michael Isikoff published a story about Paul Manafort's business dealings with Russian oligarch Oleg Deripaska.
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The Isikoff article referenced an investment fund, Pericles Emerging Markets, which was started by Manafort and several partners in 2007. According to ''[[The New York Times]]'', Deripaska was the financial backer of the fund and agreed to commit as much as $100 million, although he apparently only invested $18.9 million in 2008 to finance the purchase of Black Sea Cable, a Ukrainian telecommunications company. Pericles is now defunct, and Deripaska sued Manafort in a Cayman Islands court, seeking to recover his investment.
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The Isikoff article referenced an investment fund, Pericles Emerging Markets, which was started by Manafort and several partners in 2007. According to ''[[The New York Times]]'', Deripaska was the financial backer of the fund and agreed to commit as much as $100 million, although he apparently only invested $18.9 million in 2008 to finance the purchase of Black Sea Cable, a Ukrainian telecommunications company. Pericles is now defunct, and Deripaska sued Manafort in a [[Cayman Islands]] court, seeking to recover his investment.
    
This same transaction would later be referenced in the Aug. 14, 2016, ''New York Times'' article that reported the alleged payments to Manafort from the Party of Regions black box.
 
This same transaction would later be referenced in the Aug. 14, 2016, ''New York Times'' article that reported the alleged payments to Manafort from the Party of Regions black box.
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