Soviet sale of Hermitage paintings Soviet sale of Hermitage paintings The Soviet sale of Hermitage paintings in 1930 and 1931 resulted in the departure of some of the most valuable paintings from the collection of the State Hermitage Museum in Leningrad to Western museums. Several of the paintings had been in the Hermitage Collection since its creation by Empress Catherine the Great. About 250 paintings were sold, including masterpieces by Jan van Eyck, Titian, Rembrandt, Rubens, Raphael, and other important artists. Andrew Mellon donated the twenty-one paintings he purchased from the Hermitage to the United States government in 1937, which became the nucleus of the
Hermitage Capital Management “swift and robust action” adding that “top Putin oligarchs should be on that list”. Also in May, Browder was briefly detained in Spain when a Russian arrest warrant for extradition placed him on Interpol’s Red Notice. Hermitage Capital Management Hermitage Capital Management is an investment fund and asset management company specializing in Russian markets founded by Bill Browder and Edmond Safra. Chief Operating Officer is Ivan Cherkasov. Hermitage Capital Management headquarters are in Guernsey, it also maintains offices in the Cayman Islands, London and Moscow, Russia. Its main investment fund, the Hermitage Fund created in 1996, was rated as extremely