Context: He studied with Medvedev at the LSU Law School, they taught together and were even business partners. In the mid-2000s Ilya Eliseev's career took off and he became Deputy Chairman of the Management Committee of Gazprombank. As Deputy Chairman of Gazprom's Management Board, he provided loans worth a total of 31 billion rubles to the Medvedev Fund. He manages the Cyprus offshore Furcina Limited (where Medvedev's yacht Fotinia is registered). Medvedev owns Italian vineyards through this offshore company.