Together with China Investment Corporation (CIC) RDIF created a $2 billion Russia-China Investment Fund, 70% of which will be invested in Russia. Up to $2 billion is expected to be raised from international investors.
RDIF and Korea Investment Corporation (KIC) have signed a memorandum to form the Russian- Korean Investment Platform. The investment platform will focus on cross-border investments, which fulfill Russian-Korean strategic interests.
RDIF launched an automatic co-investment mechanism, with the first $500 million from Kuwait investment authority (KIA). Later KIA doubled its investment with RDIF to $1 billion. This vehicle allows international investors to automatically participate in every RDIF transaction on a pro-rata basis.
RDIF and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), have created a partnership to invest in attractive projects in Russia, in areas including infrastructure and agriculture. The parties are looking at projects that will strengthen trade, economic and investment co-operation between the two countries. Under the agreement, PIF invested $10bn in the partnership. RDIF also signed a partnership agreement with another Saudi Arabian sovereign wealth fund, the Saudi Arabian General Investment Authority (SAGIA). The parties are identifying attractive joint investment opportunities.
RDIF, China’s Silk Road Fund and Vnesheconombank have reached an agreement to strengthen their cooperation in exploring investment opportunities in Russia and China. The parties will focus their efforts on investing in projects that will contribute to growth in cross-border trade and investment, as well as economic cooperation between the two countries. The parties identified a number of sectors as their priority areas, including infrastructure, industrial production, energy development and energy efficiency.
RDIF and Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, agreed to launch a $2 billion co-investment fund to pursue opportunities in Russia. The fund will predominantly focus on long-term investment projects across a range of industry sectors. Additionally Mubadala will allocate up to $5 billion to investments in infrastructure projects.
Abu Dhabi Department of Finance committed $5 billion managed by Mubadala Development Company (Mubadala) to invest in Russian infrastructure projects.
RDIF and Caisse des Dépôts International (CDC International) have launched the Russia-France Investment Fund. RFIF will seek attractive investments across a broad range of sectors and asset classes, including equity and debt securities, infrastructure and real estate in Russia and France with strong focus on opportunities promoting economic co-operation between the two countries.
RDIF and Fondo Strategico Italiano (FSI) agreed to establish a €1 billion Russian-Italian investment platform. The two financial institutions will invest in companies and projects promoting the development of foreign trade and FDI between Italy and Russia.
RDIF and Mumtalakat, the investment arm of the Kingdom of Bahrain, signed an MoU to promote investment cooperation between Russia and Bahrain. The partnership promotes the exchange of information and expertise in the sectors and areas of common interest and identification of investment opportunities in Russia and Bahrain.
RDIF and Qatar Holding, the Qatar sovereign wealth fund, announced the launch of co-investment fund. The fund will predominantly focus on long-term investment opportunities across a range of industry sectors, mainly in Russia.
RDIF and State Bank of India (SBI) have created a new co-investment consortium in order to expand bilateral economic cooperation. The partnership is set up to develop infrastructure to facilitate access to long-term capital in Russia and India, and to actively promote mutual investments between the two countries.
RDIF, Vnesheconombank (VEB) and Japan Bank for International Cooperation (JBIC) have signed a joint memorandum creating the Russian-Japanese Investment Platform. RDIF and JBIC will each invest $500 million. VEB will potentially provide financing to fund projects and design new financial products to support the platform. This platform will drive economic cooperation, trade and investment between Russia and Japan.
RDIF and the Egyptian Ministry of Investment have agreed to bolster investment cooperation between the two countries. Within this agreement RDIF will support the creation of an Egyptian investment fund.
RDIF and CITIC Merchant, the merchant banking arm of leading Chinese financial group CITIC, have agreed to set up a Russia-China Investment Bank. The signing ceremony was held as part of the visit to Russia of the Chinese President Xi Jinping. The institution will provide a wide range of investment banking services to strengthen economic cooperation between Russia and China, focusing on attracting Chinese capital into Russian companies.
RDIF and The Vietnamese State Capital Investment Corporation (SCIC) have signed a memorandum of understanding to establish a Russian-Vietnamese investment platform. RDIF and SCIC will each invest $250 million in the platform to promote bilateral trade and foreign direct investment flows between the two countries, as well as business activities of Vietnamese corporations in Russia.
RDIF and global trade enabler DP World (UAE) launched a new joint venture company targeting ports, transportation and logistics infrastructure in Russia. DP World Russia’ is expected to invest over time a total of US $2 billion in upgrading Russian port facilities.
RDIF and C.P. Group formed a partnership to co-invest in the agricultural sector of the Russian Federation.
RDIF and Tata Power, part of the Tata Group and one of India’s leading electricity generation companies, signed a Memorandum of Understanding to develop investment opportunities in the energy sector.
RDIF and the IDFC Ltd., India’s leading financial services company, today have agreed to jointly invest in infrastructure projects to boost economic cooperation between Russia and India. Each party will provide up to $500 million.