Elon Musk’s Twitter bid leans on financier linked to Russian tycoon

Elon Musk's offered for Twitter Inc., which has been overturned by the extremely rich person's intention to leave, pulled in a gathering of enormous name sponsor and Silicon Valley pillars.

High on that list is a Dubai-based investment firm whose assets have surged to more than US$5 billion (S$6.9 billion) under its secretive founder Alexander Tamas, according to regulatory filings and people familiar with the matter.

Vy Capital - whose main website consists of one page, with no address and no contact details - has committed US$700 million to finance Mr Musk's bid for the social network, making it the third-biggest outside equity investor in the deal that's drawn money from billionaire Larry Ellison and Sequoia Capital, securities filings show.

The ability of Vy to help finance one of the largest leveraged buyouts in history - if it goes ahead despite a dispute over fake accounts - is noteworthy for a firm with few public records showing its funding sources or the nature of its investments

Vy, whose equity commitment to the US$44 billion deal topped those by Brookfield Asset Management and Qatar, has also backed companies such as Mr Musk's Boring Co. and crypto exchange ErisX, according to PitchBook data.

Mr Tamas, a German national, has a history of connecting himself to big-name investors. Before setting up Vy, he worked closely with Russian-Israeli billionaire Yuri Milner and now appears to be cultivating links to Mr Musk.