| | 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. |
| − | 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. | + | 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. |