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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Russia’s $10 bln fund staffed up, ready for deals

Posted on 16 September 2011

The Russian Direct Investment Fund (RDIF), a $10 billion Kremlin initiative, is fully staffed up and ready to do deals just three months after it was created, CEO Kirill Dmitriev told Reuters.

The RDIF, which seeks to co-invest with private-equity, sovereign wealth funds and strategic investors, should start to execute on a pipeline of deals over the next couple of months, Dmitriev told the Reuters Russia Investment Summit……………………………………….Full Article: Source


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