RDIF invested in the Moscow Exchange prior to its IPO and brought a number of investors including China Investment Corporation (CIC), BlackRock, the European Bank of Reconstruction and Development (EBRD), Cartesian Capital and other leading institutional co-investors. Later the fund acted as the anchor investor in the IPO of the Moscow Exchange and in placement of the Central Bank of Russia block attracting in both transactions leading international co-investors from the US, China, Singapore, UAE, Qatar and other countries. 23% yield per annum with a partial exit in 2014, a twofold increase in capitalisation, a positive return based on the current estimate.
Consortium of RDIF, Macquarie Renaissance Infrastructure Fund (MRIF), AGC Equity Partners, Xenon Capital Partners and other leading institutional co-investors acquired a blocking stake in Enel Russia, one of the leading power generating companies in Russia. This was the largest private equity deal in the energy sector. Investment by AGC in this deal was the largest ever investment in Russia from a Middle Eastern investor.
MDMG is the largest clinic and hospital chain in Russia
Russia-China Investment Fund (RCIF), the joint fund of RDIF and China Investment Corporation (CIC), invested in RFP Group (Russian Forest Products), Russia’s second largest wood processing company.
Consortium of RDIF, Baring Vostok Private Equity and UFG Private Equity and other leading institutional co-investors acquired a controlling stake in Karo Film, one of Russia’s leading and fast developing cinema chains new generation.
RDIF, Baring Vostok Private Equity Fund V and other leading institutional co-investors invested in Tigers Realm Coal Limited (TIG), an Australian listed company with coking coal assets in the Chukotka province in Russia’s Far East. The funds will be used by TIG to further develop and continue exploration of deposits in Chukotka.
A consortium comprised of RDIF, One Equity Partners, Titan International Inc., leading international strategic player, and other leading institutional co-investors, jointly invested in Voltyre-Prom, the largest producer of agricultural and industrial tyres in Russia & CIS.
RDIF led the consortium of investors including the European Bank for Reconstruction and Development (EBRD), CapMan, one of the leading Nordic alternative asset managers and other leading institutional co-investors. The consortium invested in growth of MAYKOR, the leading player in the Russian IT and business processes outsourcing market.
Funds from RDIF, the Russian National Wealth Fund (NWF) and private investors will be used to finance projects aimed at eliminating digital inequality across Russia’s regions in partnership with Rostelecom. NWF funds were granted to RDIF to finance infrastructure projects.
RDIF has invested in Geropharm, a Russian pharmaceutical company, specializing in restoring brain function and the treatment of diabetes.
This investment utilized the mechanism designed to promote the development of companies with significant export potential.
RDIF, the European Bank for Reconstruction and Development (EBRD) and other leading institutional co-investors made a joint investment in Cotton Way, Russia’s leading commercial laundry and textile management company.
RDIF has attracted a number of leading foreign investors from North America, Middle East, Europe and Southeast Asia into a consortium to invest in the IPO of ALROSA, a Russian diamond company. ALROSA is the largest diamond producer in the world by output in carats. The stake was sold in spring 2016 with an annual yield circa 37%. In 2016 RDIF participated in the SPO as an anchor investor and attracted the leading global investment funds.
RDIF together with international investors and Rosseti (JSC Russian Grids) will invest in the project aimed at introducing “smart grids” across Russia’s regions using funding granted by the Russian National Wealth Fund (NWF). The construction of “smart grids” will improve the energy efficiency of Russian Grids’ subsidiary and dependent companies. Kaliningrad, Yaroslavl and Tula have been chosen as pilot regions for the project.
The consortium comprising RDIF, Changi Airports International (CAI), a wholly-owned subsidiary of the world’s leading airport operator Changi Airport Group, and Basic Element, one of Russia’s diversified industrial groups, has been announced as the winner of the tender to acquire shares in Vladivostok International Airport in Russia’s Far East. Vladivostok International Airport is strategically important for the development of the air transportation system in the region due to its geographical location – the crossing of two air routes between the Russian Far East and the Asia Pacific region.
Russia-China Investment Fund (RCIF), the joint fund of RDIF and China Investment Corporation (CIC), and other leading institutional co-investors announced an investment to construct the first ever railway bridge over the Amur river on the border between Russia and China. The new bridge will have a capacity of up to 21 million tonnes per year and will connect the Jewish Autonomous Region with the Chinese province of Heilongjiang.
RDIF acted as a lead anchor investor in the SPO of Lenta Ltd., one of the largest retail chains in Russia. RDIF was joined by its co-investors and partners from the Middle East, Asia and Europe alongside other investors to support growth and development of Lenta in Russia.
A consortium of investors, comprising RDIF and leading Middle Eastern sovereign wealth funds have invested in SIBUR’s ZapSibNeftekhim project – an integrated petrochemical complex in Tobolsk, Tyumen Region (Russia). The funds will be used to develop industrial infrastructure for a forthcoming facility, which will process raw hydrocarbon materials into polyolefins. The project is aimed at deep conversion development of large volumes of Western Siberia’s oil and gas by-products, including associated gas, and the import substitution of highly demanded polymers in the Russian market. The development of this facility is currently SIBUR’s largest investment project.
A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors has announced the completion of a deal to invest in a terminal in the commercial port of Ust-Luga (Russia) after obtaining all regulatory approvals. The terminal, owned by petrochemical company SIBUR, transships liquefied petroleum gas (LPG) and light oil products.
The Russia-China Investment Fund (RCIF), the joint fund of RDIF and China Investment Corporation (CIC), invested in Detsky Mir, Russia’s largest retailer of children’s goods, prior to its IPO. In February 2017, RCIF sold a portion of its stake and played a significant role in the IPO of Detsky Mir.
RDIF, the Government of the Republic of Karelia, Nord Hydro and China State Energy Engineering Corp. Ltd. (Sinomec), invested in constructing small hydropower plants in Karelia. Under the agreement two small hydropower plants will be constructed. The project aims to create new, renewable and environmentally friendly energy sources to efficiently develop the Republic of Karelia’s power system.
RDIF together with leading Middle Eastern investment funds have formed a logistics investment platform and announced its first transaction in the sector.
The investment is in two state-of-theart logistics projects comprising over 200 thousand sq. meters of facilities and land for future development. The projects, which comply with leading international standards, are located in the Moscow region in close proximity to the major cargo routes. The developer of both projects is PNK Group, leader of Class A+ logistics development in Russia. RDIF together with сo-Investors in partnership with DG19, a leading development and property management company, will oversee the operational management of the logistics complexes.
RDIF, Russia-China Investment Fund (RCIF), the joint fund of RDIF and China Investment Corporation (CIC), and other leading institutional co-investors participated in equity offering of PJSC Magnit. Magnit is the Russia’s largest retailer.
RDIF, the Thai conglomerate Charoen Pokphand Group (C.P. Group), Banner Infant Dairy Products from China (Banner Dairy), as well as leading Middle Eastern investors and banks together with Ryazan Region Government have signed a Memorandum of Understanding for the establishment of Russia’s largest integrated dairy complex . The project will be located in the Ryazan region
RDIF formed a consortium of leading investors to participate in the secondary public offering of PhosAgro shares. This consortium consisted of RDIF, the Russia-China Investment Fund (established by RDIF and the China Investment Corporation) and leading funds from the Middle East. Jointly, the consortium participated in the acquisition of a minority equity position in PhosAgro, one of the world’s largest verticallyintegrated producers of mineral fertilizers.