Michael Calvey
Michael Calvey (born October 3, 1967) is an American businessman and one of Russia’s most prominent foreign investors. His criminal conviction on accusations of embezzlement caused widespread shock in Russia.
Michael Calvey | |
|---|---|
| Born | October 3, 1967 |
| Occupation(s) | Entrepreneur, investor |
| Known for | Co-founder and managing partner of Baring Vostok Capital Partners |
| Relatives | Kevin Calvey (brother) |
Calvey is the co-founder of Baring Vostok, an independent private equity firm focused on investments in Russia and the Commonwealth of Independent States.
In February 2019, Calvey and five colleagues were arrested on suspicion of involvement in the theft of 2.5 billion rubles from Vostochny Bank. In August 2021, after nearly two years under house arrest, Calvey was found guilty of misappropriation and given a 5.5-year suspended sentence by a Moscow court.
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