Baring Vostok founder Calvey detained by Russian court for two months

Baring Vostok founder Calvey detained by Russian court for two months

Michael Calvey Photographer: Andrey Rudakov/Bloomberg

A Russian court ruled that Michael Calvey, the founder of private-equity firm Baring Vostok Capital Partners and one of the country’s longest-standing American investors, should be held in custody for nearly two months in an embezzlement case.

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