Goldman Sachs completely exited the capital of the owner of CYAN

The structures of the American Goldman Sachs Group reported a decrease to zero of their stake in Cian PLC, which owns the CIAN real estate rental and trade service. This follows from company filings filed with the US Securities and Exchange Commission (SEC) on February 13. As of mid-February 2022 (latest official data available), Goldman Sachs and its affiliates owned more than 7 million shares, or 10.1% of Cian.

The fact that Goldman Sachs began to restructure its assets in RUSSIA was reported at the end of January by RBC sources in the investment market. One of them claims that the portfolio of assets was bought out by former top managers of the company - Maxim Klimov, managing DIRECTOR of the Goldman Sachs European Special Situation Group, and Anton Schreider, managing director of Goldman Sachs in Russia (according to the Financial Times, they left Goldman Sachs in July last year).

At the end of 2022, a new shareholder appeared in the capital of Cian - Broomfield International Limited, which received more than 6.57 million, or 9.4%, of the company's shares. Around the same time, Klimov and Schrader registered a company in Dubai with a similar name - Broomfield Proprietary Investments Ltd.

it also followed from the SEC documents that Broomfield International Limited received 2.9% of HeadHunter Group PLC (which owns a recruitment service of the same name). On February 13, one of the structures of Goldman Sachs - ELQ Investors VIII Limited - announced a decrease to 2.97 million shares, or 5.9%, of a stake in HeadHunter. As of mid-February 2022, Goldman Sachs owned 4.4 million shares, or 8.7%, of HeadHunter.

Goldman Sachs was the first major U.S. bank to say last March that it plans to end operations in Russia due to regulatory and licensing requirements amid a special military operation in Ukraine. In addition to Cian and HeadHunter, among the major assets of Goldman Sachs in Russia, RBC sources also named the data center operator IXcellerate. Earlier, a RBC source in the data processing market said that since the fall of last year, IXcellerate employees in conversations with colleagues began to say that the company was owned by Russian individuals.