Deripaska Hires British Equestrian Pro

Billionaire Oleg Deripaska has enlisted the help of a prominent British bloodstock agent to create a stable there, The Sunday Telegraph reported.

An unidentified friend of Deripaska's confirmed that Russia's richest man had purchased two racehorses in Britain and was using James Wigan for "advice and expertise on racing," the newspaper said.

Deripaska, who owns United Company RusAl through his Basic Element holding, said last month that in his childhood, he tended horses before school on his grandparents' farm near Krasnodar.

He now owns "a large number of racehorses stabled in Russia, near the Black Sea," the friend said.

The report sited another source as saying the two were introduced by Nathaniel Rothschild, co-chairman of New York hedge fund firm Atticus Capital.Wigan, who works for London Thoroughbred Services, has been employed by Nathaniel Rothschild's father to add mares to his Waddesdon Stud in Hertfordshire, the report said.