Russia keen to double size of joint PE fund with China
China Investment Corporation (CIC) and Russian Direct Investment Fund (RDIF) could double their contribution to their joint fund to $2 billion apiece and expand its investment projects this year.
Six to seven new deals will be completed in 2013, China Daily reported, citing RDIF CEO Kirill Dmitriev. The fund made its first investment of $200 million for minority stake in Russia Forest Products,...
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