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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Mubadala appoints Verno Capital to advise on Russia

Posted on 23 October 2013

Mubadala Development Co. hired Verno Capital to advise on its co-investment with the Russian Direct Investment Fund, said Dimitri Kryukov, the fund’s founder. The advisory mandate is related to a $2 billion investment fund, which Mubadala, based in Abu Dhabi, set up earlier this year with the RDIF, Kryukov said in an interview in Moscow.
The Russian government established the RDIF in 2011 to lure foreign investment and wean the world’s largest energy supplier of its dependency on commodity exports………………………………………..Full Article: Source


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