U.S. Company Linked to New TRIPP+ Fund Chair Buys Teghut Mine Giant

U.S. Company Linked to New TRIPP+ Fund Chair Buys Teghut Mine Giant

YEREVAN (Azatutyun.am)—A U.S. company is the new owner of Armenia’s second largest mining enterprise that belonged to a leading Russian bank until this month, according to official documents obtained by RFE/RL’s Armenian Service. The company, Dynamic Frontier Holdings, is run and possibly owned by Konstantin Sokolov, a Russian-born businessman from Chicago appointed by the U.S. State Department recently as chairman of a $200 million fund tasked …

Major Trump Donor With Stakes in Armenian Telecom and Mining to Chair $200 Million U.S. Fund for the "Trump Route" - ZARTONK | Homeland Meets Diaspora | Latest Armenian News | Breaking News and Videos

Konstantin Sokolov, a Russia-born American businessman and private equity investor from Chicago, has been appointed chairman of the new U.S. State Department TRIPP+ enterprise fund that will oversee the spending of more than $200 million intended to develop TRIPP across Armenia and Central Asia, according to a report by The Guardian. The fund will invest in Armenian energy and telecommunications, the same sectors where Sokolov holds major stakes…