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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

RDIF Invests in the Moscow Exchange IPO

Posted on 18 February 2013

The Russian Direct Investment Fund (RDIF) announces that it has invested in the initial public offering (IPO) of the Moscow Exchange and secured leading international investment funds to co-invest in the IPO.
The investment is part of a long-term strategy to promote the development of Russian capital markets and broaden the international appeal of the Moscow Exchange. Prior to the IPO, through its co-investment model, RDIF also attracted other investors to the Exchange; the European Bank of Reconstruction and Development (EBRD), Cartesian Capital, BlackRock and China Investment Corporation (CIC)………………………………………..Full Article: Source


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