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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

UAE, China interested in Russian investment fund

Posted on 31 March 2011

Middle Eastern and Chinese heavyweights are interested in investing in Russia via a new direct investment fund expected to be worth up to $10 billion and co-funded by Moscow, a top state banker said.

“We have had a fairly positive response from the biggest private investment funds and sovereign funds,” Vladimir Dmitriyev, head of state development bank VEB, told Russian President Dmitry Medvedev. “In particular from the Abu Dhabi fund, from the China Investment Corporation, from a number of private funds,” Dmitriyev said……………………………………..Full Article: Source


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