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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.
The Taipei Economic and Cultural Representative Office has enlisted Checkmate Government Relations for strategic counsel under a six-month pact worth $300K.
Danny O’Brien, who was Fox Corp. executive VP and head of government relations, has signed on to represent the Embassy of Qatar.
The London office of Burson Group has retained Finn Partners’ New York office to strengthen the visibility of Ras Al Khaimah, which is one of the United Arab Emirates.
Hogan Lovells has expanded its relationship with Ukraine to reflect the implementation of the 50/50 US-Ukrainian partnership to develop its critical minerals.
Brownstein Hyatt Farber Schreck has agreed to provide government relations and PA services to the Kingdom of Morocco.
