Dan Rapoport

Dan Rapoport (Russian: Дэн Рапопорт) is a Latvia-born American investor and financial executive.

He was born in Riga, Latvia when the country was the Latvian Soviet Socialist Republic of the USSR. In 1980, his family emigrated to the United States after receiving political asylum and settled in Houston, Texas.

Dan Rapoport graduated from the University of Houston in 1991, and in 2015 he earned an MBA degree from Middlesex University in London.

After graduating from the University of Houston, Rapoport returned to Russia employed by Phibro Energy. He worked as a financial analyst for the first Russian American joint venture for oil production, White Nights Joint Enterprises, which was based in Raduzhny, Siberia. After leaving Phibro, Rapoport remained in Russia, working in corporate finance, brokerage and investment banking. He held senior positions with several Russian financial institutions and completed various cross border transactions representing Russian companies and various international institutional investors.[1][2][3]

In 1995, Rapoport joined the CentreInvest Group and in 1999 was appointed as Managing Director of CentreInvest Securities, in New York. From 2003, he served as the Executive Director and head of the brokerage business in Moscow for CentreInvest Securities, a brokerage specializing in mid cap equities.

In 2008, while based in Moscow, Rapoport was charged by the SEC with an alleged violation of Section 15(a) of the Securities Exchange Act of 1934. The SEC claimed that the alleged infraction occurred while he was Managing Director of CentreInvest Securities (Moscow) and indirectly oversaw the activities of CentreInvest Inc. in New York.[4] Unable to serve Rapoport with due notice at his Moscow location, the SEC in 2009 entered a default order judgment.[5] Once aware of the default judgment, Rapoport responded by filing a motion under Exchange Rule 155 (b) to vacate the default judgment. After several court decisions, in 2012, the DC District Court, Judge David Sentelle presiding, unanimously granted Rapoport's petition to vacate, quoting the SEC's failure to consistently apply its own rule.[6]

In June 2012, Rapoport returned to the US. It was reported that he left Russia in large part due to his support for Russia's democratic opposition, particularly his support for Alexei Navalny, an outspoken yet tolerated campaigner against Russian corporate and government corruption and the most vocal critic of Putin's regime.[7] [8][9][10]

Until 2016, Rapoport resided in Washington, DC, and managed Rapoport Capital LLP. In October 2016, he relocated to Kyiv, Ukraine.

In January 2017, the New York Times reported that Rapoport sold his Washington, DC home, which will further serve as the residence of Ivanka Trump and family. [11][12][13]

References
  1. http://investing.businessweek.com/research/stocks/private/person.asp?personId=10977247&privcapId=26497525&previousCapId=26497525&previousTitle=FINAM%20Investment%20Company Bloomberg Businessweek. Retrieved 2014-09-17.
  2. http://www.forbes.ru/forbes/issue/2005-03/18877-v-poiskah-dinozavrov "Searching for Dinosaurs", Forbes article in Russian.
  3. http://vimeo.com/24307181 "Second Tier", interview for RBC in Russian
  4. https://www.sec.gov/litigation/opinions/2011/34-63744.pdf SEC order dated January 20, 2011
  5. https://www.sec.gov/litigation/admin/2009/34-60413.pdf
  6. "United States Court of Appeals for the District of Columbia Circuit | Argued February 6, 2012 Decided June 19, 2012" (PDF). 12 June 2012. Retrieved 2014-09-17.
  7. http://finparty.ru/section/interview/16943/ finparty.ru article in Russian
  8. http://theins.ru/politika/3644/3 "The Kremlin Letters", The Insider article in Russian
  9. http://www.moscow-post.com/economics/zakat_alfa-banka13744 "The Decline of Alfa-Bank", Moscow Post article in Russian
  10. http://theins.ru/wp-content/uploads/2015/02/%D0%BD%D0%BD%D0%BD.jpg
  11. http://theins.ru/politika/3644/3 "The Kremlin Letters", The Insider article in Russian
  12. http://theins.ru/wp-content/uploads/2015/02/ннн.jpg
  13. https://www.nytimes.com/2017/01/04/us/politics/ivanka-trump-house-kalorama-washington.html "Ivanka Trump’s New Washington Home Once Belonged to a Putin Foe", The New York Times
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