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Sovereign Wealth Funds Briefing - Categorized | Market

Russian state fund targets Asia investors via CIC

Posted on 06 June 2012

A new Russia-China investment fund was launched by political leaders in Beijing yesterday in a landmark deal that aims to tap private equity opportunities in both countries.
Collaborating in the venture are China’s $440 billion sovereign wealth fund CIC and the Russian Direct Investment Fund (RDIF), a $10 billion vehicle set up by the Russian government last year to co-invest in PE deals with international PE funds, SWFs and multinational corporations………………………………………..Full Article: Source


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