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Sovereign Wealth Funds Briefing - Categorized | Market

Russia fund seeks to close deals with U.S. firms in 2012

Posted on 03 May 2012

Russia’s sovereign-wealth fund, whose advisers include Blackstone Group LP (BX)’s Stephen Schwarzman, may complete deals with U.S. buyout firms valued at more than $1 billion each this year, its chief executive officer said.
The Russian Direct Investment Fund is working with American investors on acquiring minority stakes in Russian companies, CEO Kirill Dmitriev said yesterday in an interview at the Milken Institute Global Conference………………………………………..Full Article: Source


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