Russian Direct Investment Fund’s Statement
Press release, 31.07.2014
Moscow, July 31, 2014 - The sectoral sanctions imposed against certain Russian companies and their subsidiaries affect only specific transactions which relate to long term financing of these companies by US and European entities in the form of equity or debt. All other transactions are permitted.
RDIF does not directly attract equity or debt financing but instead invests only its own funds together with co-investors. We have never attracted such direct financing and are not planning to do it in the future. Accordingly the sanctions do not affect RDIF investment activity in any way.
Pursuant to RDIF constitutional documents the Fund is not allowed to acquire control in any company and therefore there is no impact on our portfolio companies as well.
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Russian Direct Investment Fund
Director, Media Relations Department
Tel: +7 495 644 34 14, ext. 2141
Mobile: +7 964 726 17 73