Sanctioned Russians Cast Shadow Over PE Firm Pamplona (Correct)

When Pamplona Capital Management invested in Parexel, a company that conducted clinical trials for developers of Covid-19 treatments, Russian money greased the purchase.

When the London-based private equity firm announced its decision to buy Danish tech distributor EET Group and U.S. garden-products company BFG Supply, Russian money was behind those deals, too.

Pamplona, which raised $11 billion for five private equity funds since its 2005 inception, has marketed itself as a manager for all kinds of investors, saying as recently as last year that it caters to “a variety of clients including public pension funds, international wealth managers, multinational ...