Leading global investors with approximately USD 1 trillion in assets under management to discuss Russian investment climate and initial results of the Russian Direct Investment Fund

, 20.06.2012

Announcement – On 21 June 2012, the first day of the St. Petersburg International Economic Forum, the Russian Direct Investment Fund will host a panel discussion featuring the heads of international investment funds from China, North America, Europe and the Middle East with over USD 1 trillion in combined assets under management.

The panel discussion, “The Russian Direct Investment Fund Gauges Its Targets,” will be dedicated to the results of the Fund’s first year of operation and its plans for further growth, which were developed collaboratively with the leading global investors of the RDIF International Advisory Board. The panelists will also discuss the growing interest from private equity funds in Russia, despite worsening of the eurozone debt crisis, and will present their proposals for improving Russia’s attractiveness as an investment destination.

The panel is expected to feature Head of the Presidential AdministrationSergei Ivanov, Aide to the President of Russia Elvira Nabiullina, Minister of Economic Development Andrei Belousov and Chairman of Vnesheconombank Vladimir Dmitriev.

Speakers on the panel also include:

•          Kirill Dmitriev, Chief Executive Officer of RDIF

•          Lou Jiwei, Chairman and Chief Executive Officer, China Investment Corporation

•          Bader Mohammed Al-Sa’ad, Managing Director of Kuwait Investment Authority

•          Chong-Suk Choi, President and Chief Executive Officer, Korea Investment Corporation

•          Leon Black, Chairman and Chief Executive Officer, Apollo Global Management

•          David Bonderman, Co-founder and Managing Partner, TPG

•          Michael Phillips, Partner, Apax Partners

•          Kurt Bjorklund, Co-managing Partner, Permira

•          Joseph Schull, Head of European Operations, Warburg Pincus

•          Laurent Vigier, Director of European and International Affairs, Caisse des Depots International

The panel will be moderated by Josh Lerner, Jacob H. Schiff Professor of Investment Banking at Harvard Business School.

Lou Jiwei, Bader Al-Sa’ad, Chong-Suk Choi, Leon Black, David Bonderman, Michael Phillips, Kurt Bjorklund and Joseph Schull are members of the RDIF International Advisory Board, which will hold its first meeting in St. Petersburg on 20 June 2012.

Date and time of the panel:

21 June 2012, 11:45-13:00

Pavilion 4, Hall 4.1, Arena

 

At 13:00 in Pavilion 4, Second Floor, there will be a press briefing with Kirill Dmitriev, Chief Executive Officer of RDIF.

 

 

Contacts for additional information:

 

Quinn Martin

+7 (985) 797-37-90

Quinn@frontierpr.com

 

Yekaterina Rovnova

Director of the SPIEF 2012 Press Center

+7 (812) 680-00-00 ext. 161

Ekaterina.rovnova@forumspb.ru

 

 

Russian Direct Investment Fund (RDIF), established in June 2011, is to be capitalized with $10 billion in Russian government funds to make equity investments that generate strong returns. In each investment it makes, RDIF is mandated to secure co-investment that as a minimum matches its commitment, thus acting as a catalyst for direct investment into the Russian economy. Kirill Dmitriev has been Chief Executive Officer of RDIF since inception. The Fund’s International Advisory Board was announced by V. V. Putin in September 2011 during the Sochi International Economic Forum and includes the directors of the world’s leading investment organizations. Additional information is available at www.rdif.ru.