Major private equity and sovereign wealth funds on Thursday took tentative first steps to invest in Russia.
Tags: Russian Direct Investment Fund
Russian Wealth Fund announces joint venture with Barings in coal private equity deal
The Russian Direct Investment Fund announced today its joint venture with Baring Vostok Private Equity Fund V to invest in a coking coal business Tigers Realm Coal Limited.
Russia's Rostelecom may sell up to USD1.4 billion in 2014 -report
Russian state-controlled telecom firm Rostelecom could sell up to RUB46 billion (USD1.4 billion) worth of shares in a secondary stock offering next year to help cut its debt.
Russian, Italian state funds agree investment deal
Russia's state-backed private equity investment fund and Italy's strategic state investment fund have agreed a deal to invest up to 1 billion euros ($1.35 billion) in companies and projects in the two countries, officials said on Monday.
South Korean, Russian sovereign funds announce USD500 million joint investment
Sovereign wealth funds Korea Investment Corporation and Russian Direct Investment Fund pooled USD500 million for a cross-border private equity investment platform. The fund was intended to encourage trade and investment cooperation between South Korea and Russia.
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Russia and China will announce progress on a joint investment fund during a visit by the man expected to be China's next premier.
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