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- Russia opens arms to private equity
Kirill Dmitriev, CEO of the $10bn Russian Direct Investment Fund, told Private Equity International the fund will be taking on risk alongside GPs, which should give them more confidence in Russia as a secure investment destination.
- Russia appoints PE heavyweights to $10bn fund board
On the heels of hiring its investment staff, the $10bn Russian government-backed vehicle has named several private equity heavyweights to its board in preparation for its first investment.