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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, People

Russian state fund to announce three deals

Posted on 30 January 2012

The $10 billion Russia Direct Investment Fund plans to announce three deals in the next month, the chief executive of the Russian government’s private-equity vehicle told MarketWatch in an interview on the sidelines of the World Economic Forum’s annual meeting.
The deals will be the first for the fund, which was created in June 2011 and will be capitalized with $10 billion from the Russian government over the next five years. It’s mandated to co-invest with international investors in an effort to attract investment to Russia………………………………………..Full Article: Source


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