RDIF to create $200 mln platform to invest in crisis-hit firms

Prime, 28.04.2020

MOSCOW, Apr 28 (PRIME) -- The Russian Direct Investment Fund (RDIF) will create a U.S. $200 million platform for investment in Russian companies that suffer from the crisis, RDIF CEO Kirill Dmitriev told reporters on Tuesday.

“The RDIF creates a joint platform for investment in fundamentally promising Russian companies that are suffering from the impact of the unfavorable circumstances together with three Russian leading investment funds,” he said.

“The platform will amount to about $200 million. We are now working on and prioritizing the list of possible investments.”