| Kirill Dmitriev, the 39-year-old, boyish-looking head of Russia’s sovereign wealth fund, was supposed to change the face of Russian capitalism. Mr Dmitriev was going to overcome western funds’ reluctance to invest in a country many viewed as corrupt, prone to state meddling and plagued by a law-of-the-jungle legal system. In return, Russia’s economy would become more vibrant and less reliant on oil and gas.
At least that was the plan three years ago when President Dmitry Medvedev entrusted the Harvard and Stanford-educated former Goldman Sachs banker with $10bn of government cash to start the Russian Direct Investment Fund...............................................Full Article: Source
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