RDIF and Leader Management Company unite leading investors to implement infrastructure projects in the Russian Federation
Moscow, 02 June 2017 – The Russian Direct Investment Fund (RDIF) and the Leader Management Company, the Asset Manager of GAZFOND, Russia's largest private pension fund, announce the establishment of the United Transport Concession Holding. The partnership will invest in the construction and operation of roads, railways, city transport and PPP projects in the Russian Federation, jointly with leading international funds. The holding will also engage in the implementation of existing infrastructure projects such as "Northern Bypass Odintsovo" and the construction of an alternate route of Kutuzovsky Prospekt. RDIF intends to attract the world's leading sovereign wealth funds and institutional investors to the implementation of the Holding’s projects.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said:
“The economics and stable cash flow from transport infrastructure projects make them extremely attractive for our international partners. A partnership with Leader Management Company will enable us to make long-term investments in this area and ensure the most efficient structuring of our projects, which are crucial for the development of the Russian economy.”
Anatoly Gavrilenko, CEO of the Leader Management Company, believes:
“Implementation of long-term investment projects in transport infrastructure sector in Russia is extremely important for the development of the Russian economy and promising in terms of investment returns. Cooperation with RDIF and leading international funds is an opportunity to strengthen our positions on the infrastructure projects market and secure guaranteed income for insured persons.”
Russian Direct Investment Fund (RDIF)is a Sovereign Fund of the Russian Federation established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Further information can be found at www.rdif.ru
Leader is one of the largest management companies in Russia in terms of assets under management and the most high-reliable company in the trust management sector.
The company was founded in 1993 and is currently the leader in financing of Russia's infrastructure construction and modernization.
Leader’s long-term strategy includes the implementation of PPP projects with the concession mechanisms and involvement of PPF funds provided they are fully protected, as well as financing of high-tech and high-quality infrastructure facilities construction in transport, energy, utilities, and sports sectors. For more information, please visit: www.leader-invest.ru
For additional information contact:
Maria Medvedeva Andrew Hayes / Yulianna Vilkos
Russian Direct Investment Fund Hudson Sandler
Director of External Communications Tel: +44 (0) 20 7796 4133
Tel: +7 495 644 34 14, ext. 2141
Mobile: +7 964 726 17 73