Leading sovereign wealth funds congratulate RDIF on 10-year anniversary and discuss joint investment projects

Press release, 09.12.2021

Moscow, December 9, 2021 – The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, has held a video conference with partners from major foreign sovereign wealth funds and investment institutions devoted to the tenth anniversary of RDIF.

More than 25 CEOs and leading investors from 17 countries (Azerbaijan, Bahrain, Brazil, China, France, Germany, India, Italy, Japan, Kazakhstan, Kuwait, Morocco, Qatar, Singapore, Thailand, UAE and Vietnam) participated in the conference.

Partners congratulated RDIF on the 10-year anniversary and discussed investment projects as well as joint efforts, including in the fight against the pandemic.

Participants agreed to jointly identify and implement investment opportunities to quickly overcome the negative effects of coronavirus and resume economic activity in respective countries. RDIF and partners will also continue to actively exchange best practices and technologies to fight COVID.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:

“Over the past 10 years, RDIF and global partners have invested in over 100 projects totaling over RUB 2.1 trillion. These projects are covering most sectors of the economy - from energy and infrastructure to IT and healthcare. Successful investments in promising projects that significantly improve the quality of life have become possible thanks to strategic partnerships with leading international co-investors. We look forward to continue our effective partnership to strengthen investment ties and growth of the economies of our countries”.

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Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund 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. Currently, RDIF has experience of the successful joint implementation of more than 100 projects with foreign partners totaling over RUB2.1 tn and covering almost all of Russia’s regions. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at rdif.ru

For additional information contact:

Alexey Urazov
Russian Direct Investment Fund
Director for External Communications

Mobile: +7 915 312 76 65
E-mail: Alexey.Urazov@rdif.ru

Andrew Leach / Maria Shiryaevskaya
Hudson Sandler

Tel: +44 (0) 20 7796 4133