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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Russia’s RDIF sets up $2bln investment fund with Abu Dhabi

Posted on 21 June 2013

Russia’s state-backed private equity fund, the Russian Direct Investment Fund, and Abu Dhabi-based Mubadala Development Company are setting up a $2 billion co-investment fund to invest in projects in Russia, the parties said on Thursday.
Each partner is committing US$ 1 billion to the fund that will target opportunities in Russia. The Russian Direct Investment Fund has been successful attracting Gulf and Chinese sovereign funds to co-invest in unique deals in Russia………………………………………..Full Article: Source


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