LetterOne [SEP] inception
LetterOne
The LetterOne Group (LetterOne) is an international investment business based in Luxembourg. Its investments are focused on the telecoms, technology and energy sectors through its two main business units, L1 Energy and L1 Technology. Businessman Mikhail Fridman set up LetterOne in 2013 as part of a broader new investment vehicle using the proceeds from the sale of TNK-BP.
Major assets.
As of 31 December 2014 assets managed by LetterOne amounted to approximately $25bn. The sources of these assets are funds from the sale of
components of the 57th Operations Group, placing them all under a single organization. Has trained combat aircrews in adversary threat tactics since its inception.
History Lineage.
- Established as 57th Adversary Tactics Group on 31 Aug 2005
History Assignments.
- 57th Wing, 15 Sep 2005–Present
History Components.
- 64th Aggressor Squadron: 15 Sep 2005–Present
- 65th Aggressor Squadron: 15 Sep 2005–26 September 2014
- 527th Space Aggressor Squadron: 14 Apr 2006–Present
- 547th Intelligence Squadron, 15 Sep 2005–2014
- 57th Adversary Tactics