The Softline group of companies, which remained in Russia after the separation from the global business, is 100% controlled by the ZPIF, which is controlled by the management company Tethys Capital. The founder of the group, Igor Borovikov, will cease to be its beneficiary. Softline’s Russian business may be worth up to 10 billion rubles, experts say, but the deal itself, in their opinion, “does not look final.” Lawyers note that ZPIF as an owner is used primarily to hide the beneficiaries. According to official information, 15% in the group will be received by its employees, whose share in the future will grow to 25-30%.