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| Mikhail Fridman |
Teneo Strategy is slated to receive a $150K monthly retainer from LetterOne Investment Holdings, the Luxembourg-based firm co-founded by Russian billionaire Mikhail Fridman.
The assignment to provide strategic counsel and stakeholder outreach to LetterOne and its board members began Sept. 1.
Teneo’s engagement letter calls for scheduling media interviews, assisting with media briefings and coordinating stakeholder relations. It will not act as a political consultant.
Senior managing directors Paul Gallagher, former head of Burson-Marsteller’s US crisis practice, and Kathleen Lacey, one-time executive VP for influencer engagement at Edelman, head the five-member LetterOne team.
Forbes estimates Fridman, who controls the Alfa Group, Russian’s biggest financial and industrial investment firm, is worth $15B.
He was a member of the US Treasury’s “oligarchs watchlist,” according to Reuters, but was never hit with sanctions.
Gabriel Attal, who heads France’s Renaissance Partie, is relying on Gabriel Laurent Eshaghian, a Woodland Hills, CA-based real estate, aviation and investment executive, to boost his profile in the US ahead of France’s April 2027 elections.
TSG Advocates has inked a $240K one-year pact to provide PA and government relations services to the Brazilian Trade and Investment Promotion Agency.
KARV is providing strategic communications to the American-Uzbek Business and Investment Council to promote US economic ties with the central Asian country.
Bethesda-based Tricuro has signed on South Korea for strategic communications support, messaging development, and media outreach related to US-Korea economic relations.
Ballard Partners has signed on to represent Turkiye’s Ministry of National Defense on matters regarding security issues related to the U.S.
