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Sovereign Wealth Funds Briefing - Categorized | Investment

RDIF agrees $1.35bln investment deal with Italian state fund

Posted on 27 November 2013

Italy in its second day, Russia’s state-backed private equity investment fund and Italy’s strategic state investment fund have agreed to invest up to 1 billion euros ($1.35 billion) in companies and projects in the two countries, officials said.
Fabrizio Pagani, a senior economic advisor for Prime Minister Enrico Letta, said the Russian Direct Investment Fund, or RDIF, would sign the deal with the Italian fund at a bilateral summit in Trieste on Tuesday. Under the agreement, the two funds will invest up to 500 million euros each………………………………………..Full Article: Source


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