Friedrich Engels Friedrich Engels Friedrich Engels (; ; sometimes anglicised Frederick Engels; 28 November 1820 – 5 August 1895) was a German philosopher, communist, social scientist, journalist and businessman. His father was an owner of a large textile factory in Salford, England. Engels founded Marxist theory together with Karl Marx and in 1845 published "The Condition of the Working Class in England", based on personal observations and research in Manchester. In 1848, Engels co-authored "The Communist Manifesto" with Marx and also authored and co-authored (primarily with Marx) many other works. Later, Engels supported Marx financially to do research and write "Das Kapital".
IFD Kapital Group The holding company 'Group Kapital Asset Management' CJSC was the second largest Russian asset management firm with over 230 billion rubles of assets in management,as of September 30, 2012 per company website. It comprises three companies, namely Kapital Asset Management Company LLC, Kapital Asset Management joint stock company (JSC) and Management Company Kapital Mutual Funds LLC. The holding is headed by Sergei Mikhailov, a member of the Board of Directors with numerous connections. The holding totaled assets of RUR 132.7 billion as of March 31, 2013. In November 2013 Bloomberg News reported IFD Kapital was planning to sell the holding