Yandex managers will become the largest co-owners of the company

Largest buyer of Yandex's Russian assets will be the company's management structure, which will receive a 35% stake in the closed mutual investment fund Consortium.First. Infinity Management of Alexander Chachava will receive 25%, Lukoil - 15%, Aiti.Razvitie of Pavel Prass - 15% and Meridian-Service of Alexander Ryazanov - 10%. ZPIF participants may not transfer their shares to external investors for at least one year.