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Natasha Tsukanova - Wikipedia
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.mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox biography vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size:125%;"><div class="fn">Natasha Tsukanova</div></th></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><span style="display:none"> (<span class="bday">1967-02-04</span>) </span>4 February 1967<span class="noprint ForceAgeToShow"> (age 57)</span><br /><div style="display:inline" class="birthplace"><a href="/wiki/Moscow" title="Moscow">Moscow</a>, Russia</div></td></tr><tr><th scope="row" class="infobox-label">Alma mater</th><td class="infobox-data"><a href="/wiki/Moscow_State_University" title="Moscow State University">Moscow State University</a><br /> <a href="/wiki/Harvard" class="mw-redirect" title="Harvard">Harvard</a></td></tr><tr><th scope="row" class="infobox-label">Occupation</th><td class="infobox-data role">Business woman</td></tr><tr><th scope="row" class="infobox-label">Known for</th><td class="infobox-data">Founder The Tsukanov Family Foundation</td></tr></tbody></table> <p><b>Natasha Tsukanova</b> (born 4 February 1967) is a businesswoman and philanthropist. She is best known as founder of XENON Capital Partners and co-founding the Tsukanov Family Foundation.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Early_life_and_education">Early life and education</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=1" title="Edit section: Early life and education"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Tsukanova was born in Moscow, Russia in 1967. She holds a degree in economics from <a href="/wiki/Moscow_State_University" title="Moscow State University">Moscow State University</a> and was awarded a scholarship at <a href="/wiki/Harvard" class="mw-redirect" title="Harvard">Harvard</a> and completed an MBA degree with Honors at INSEAD.<sup id="cite_ref-WSJ_3-0" class="reference"><a href="#cite_note-WSJ-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-BL_4-0" class="reference"><a href="#cite_note-BL-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Career">Career</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=2" title="Edit section: Career"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Natasha Tsukanova started her career in 1992 working in a group of economic advisors supported by <a href="/wiki/Harvard_University" title="Harvard University">Harvard University</a> on the privatisation reforms in Russia, and subsequently at the <a href="/wiki/Boston_Consulting_Group" title="Boston Consulting Group">Boston Consulting Group</a> in London and Moscow.<sup id="cite_ref-WSJ_3-1" class="reference"><a href="#cite_note-WSJ-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-BL_4-1" class="reference"><a href="#cite_note-BL-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p><p>In 1997, Tsukanova joined J.P. Morgan's energy team in London and in 2005 she was appointed Head of Investment Banking in the former Soviet CIS region, including in <a href="/wiki/Russia" title="Russia">Russia</a>, <a href="/wiki/Ukraine" title="Ukraine">Ukraine</a> and the Central Asian states. During this time, <a href="/wiki/J.P._Morgan" class="mw-redirect" title="J.P. Morgan">J.P. Morgan</a> achieved a foremost position in the region in terms of M&A deals.<sup id="cite_ref-BL_4-2" class="reference"><a href="#cite_note-BL-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-WSJ_3-2" class="reference"><a href="#cite_note-WSJ-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>In 2007 Tsukanova was involved in structuring several emerging markets transactions, including advising on IPOs of regional companies, such as <a href="/wiki/Rosneft" title="Rosneft">Rosneft</a> and <a href="/wiki/Sberbank" title="Sberbank">Sberbank</a>.<sup id="cite_ref-RE_5-0" class="reference"><a href="#cite_note-RE-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> Her team worked on restructuring of the electric power industry and the privatisation of RAO UES.<sup id="cite_ref-XENON1_6-0" class="reference"><a href="#cite_note-XENON1-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p><p>In 2009, Tsukanova founded advisory firm XENON Capital Partners, which originally specialised in the power and energy sectors. The company has acted as a financial adviser for clients on strategic M&A transactions, capital raising and investment initiatives.<sup id="cite_ref-XENON1_6-1" class="reference"><a href="#cite_note-XENON1-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>In 2012, with Tsukanova as its Managing Director XENON, created an international consortium of private equity investors to acquire a 26.43% stake in power producer OJSC ENEL OGK-5. The sale of 26.4% of Enel OGK-5, a utility controlled by Italy's Enel SpA, to a group of four investors.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p><p>In 2014 Tsukanova advised on the acquisition of a 50% stake in the Etinde oil and gas concession in Cameroon by a consortium of LUKOIL and New Age.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> In 2016, XENON was named in Vedomosti as one of the top three financial advisers by deal value with the sale of a 40% stake in Irkutskenergo for $1bn.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> XENON consulted Eurasia Drilling Co (EDC) and its core shareholders when Schlumberger NV made an offer to purchase a 51% stake in the company in 2017.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>Tsukanova is on the advisory board of fund manager Kerogen Capital, an Asia-based $2bn energy private equity fund.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> </p><p>During 2022, with Tsukanova as managing director, Xenon Capital served as a financial advisor to the Global Fashion Group (GFG).<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> </p><p>In 2023, during the <a href="/wiki/Russian_invasion_of_Ukraine" title="Russian invasion of Ukraine">Russian invasion of Ukraine</a>, Tsukanova’s firm Xenon Capital advised a number of international companies on exiting Russia. In an article by the <a href="/wiki/Financial_Times" title="Financial Times">Financial Times</a>, Tsukanova was quoted as saying: "No one wants to sell to a sanctioned buyer, let alone companies that are under sanctions themselves. However, those unaffected by sanctions often lack sufficient funds."<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Philanthropy">Philanthropy</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=3" title="Edit section: Philanthropy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2021, Tsukanova helped launch ballet NFTs with the ballerina <a href="/wiki/Natalia_Osipova" title="Natalia Osipova">Natalia Osipova</a>, a Principal of The Royal Ballet in London.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> The NFTs featuring three video performances by Osipova were offered at Bonhams auction house in London.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p><p>Natasha, Together with her husband Igor Tsukanov founded the Tsukanov Family Foundation (TFF), which supports projects in the arts, culture and education. Among its significant projects are collaborations with the Saatchi Gallery, the provision of scholarships at British schools, and support of productions at the Royal Opera House.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-art_19-0" class="reference"><a href="#cite_note-art-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-TFF_20-0" class="reference"><a href="#cite_note-TFF-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-LPO_21-0" class="reference"><a href="#cite_note-LPO-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> </p><p>The Tsukanov Foundation also supports various programmes in the field of art education, including at the <a href="/wiki/Yale_School_of_Art" title="Yale School of Art">Yale School of Art</a> (USA), <a href="/wiki/Goldsmiths,_University_of_London" title="Goldsmiths, University of London">Goldsmiths</a> (UK) and the <a href="/w/index.php?title=Institute_of_Contemporary_Art,_Moscow&action=edit&redlink=1" class="new" title="Institute of Contemporary Art, Moscow (page does not exist)">Institute of Contemporary Art</a> (ICA, Russia). The TFF owns collections of post-war Soviet art and has donated important pieces to international museums.<sup id="cite_ref-art_19-1" class="reference"><a href="#cite_note-art-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-LPO_21-1" class="reference"><a href="#cite_note-LPO-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-TFF_20-1" class="reference"><a href="#cite_note-TFF-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p><p>For six years, Natasha served on the board of directors of the <a href="/wiki/London_Philharmonic_Orchestra" title="London Philharmonic Orchestra">London Philharmonic Orchestra</a>. She was appointed Chair of the International Board of Governors of the <a href="/wiki/London_Philharmonic_Orchestra" title="London Philharmonic Orchestra">London Philharmonic Orchestra</a> in 2018.<sup id="cite_ref-LPO_21-2" class="reference"><a href="#cite_note-LPO-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Zima_23-0" class="reference"><a href="#cite_note-Zima-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> She also served on the Development Committee and Board of Honorary Directors of the Royal Opera House.<sup id="cite_ref-LPO_21-3" class="reference"><a href="#cite_note-LPO-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Zima_23-1" class="reference"><a href="#cite_note-Zima-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p><p>During March 2023, Tsukanova interviewed musical director and conductor <a href="/wiki/Vladimir_Jurowski" title="Vladimir Jurowski">Vladimir Jurowski</a>. The interview took place after both Opera director <a href="/wiki/Dmitry_Chernyakov" class="mw-redirect" title="Dmitry Chernyakov">Dmitry Chernyakov</a> and <a href="/wiki/Vladimir_Jurowski" title="Vladimir Jurowski">Vladimir Jurowski</a> held a Bavarian Opera performance of Prokofiev's opera, War and Peace. Tsukanova’s interview covered the issues and topic of how to stage an anti-war opera with Ukrainian, Russian, and Belarusian artists in the same performance piece.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Awards_and_recognition">Awards and recognition</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=4" title="Edit section: Awards and recognition"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1996, Tsukanova was the recipient of the Edward A. Hewitt Prize by the American Association for the Advancement of Slavic Studies. The award was presented due to her article on "Competition Policy in Russia During and After Privatization".<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Personal_life">Personal life</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=5" title="Edit section: Personal life"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Tsukanova is married to art collector Igor Tsukanov. She lives in London with her husband and children.<sup id="cite_ref-art_19-2" class="reference"><a href="#cite_note-art-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Natasha_Tsukanova&action=edit&section=6" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.bloomberg.com/profile/person/7318596?leadSource=uverify%20wall">"Dr. Natasha Tsukanova"</a>. <i>Bloomberg.com</i><span class="reference-accessdate">. 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Retrieved <span class="nowrap">18 May</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Opera+%22War+and+Peace%22+-+musical+theater+and+bloody+reality&rft.date=2023-03-31&rft_id=https%3A%2F%2Ftruerussia.org%2Fjournal%2Fopera-voyna-i-mir-muzykalnyy-teatr-i-krovavaya-realnost%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANatasha+Tsukanova" class="Z3988"></span></span> </li> <li id="cite_note-26"><span class="mw-cite-backlink"><b><a href="#cite_ref-26">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://news.mit.edu/1996/awards-0124">"Awards and Honors"</a>. <i>news.mit.edu</i>. 25 January 1996.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=news.mit.edu&rft.atitle=Awards+and+Honors&rft.date=1996-01-25&rft_id=https%3A%2F%2Fnews.mit.edu%2F1996%2Fawards-0124&rfr_id=info%3Asid%2Fen.wikipedia.org%3ANatasha+Tsukanova" class="Z3988"></span></span> </li> </ol></div></div> <!-- NewPP limit report Parsed by mw‐web.eqiad.main‐5dc468848‐shht9 Cached time: 20241122202835 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 0.409 seconds Real time usage: 0.708 seconds Preprocessor visited node count: 2673/1000000 Post‐expand include size: 41893/2097152 bytes Template argument size: 1468/2097152 bytes Highest expansion depth: 13/100 Expensive parser function count: 2/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 90309/5000000 bytes Lua time usage: 0.249/10.000 seconds Lua memory usage: 7364126/52428800 bytes Number of Wikibase entities loaded: 1/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 681.128 1 -total 41.36% 281.719 1 Template:Short_description 30.03% 204.538 1 Template:Reflist 22.32% 152.040 20 Template:Cite_web 20.49% 139.558 1 Template:Infobox_person 6.71% 45.724 4 Template:Br_separated_entries 6.13% 41.723 2 Template:Pagetype 5.23% 35.607 18 Template:Main_other 5.06% 34.440 1 Template:Birth_date_and_age 3.25% 22.139 20 Template:Pluralize_from_text --> <!-- Saved in parser cache with key enwiki:pcache:idhash:72120860-0!canonical and timestamp 20241122202835 and revision id 1237740729. 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