Investments
22Portfolio Exits
5Funds
2Partners & Customers
1About Russia-China Investment Fund
Russia-China Investment Fund (RCIF) is a private equity fund established to invest in unique opportunities which have appeared as a result of rapid development of economic cooperation, fast growing trade, and increasing purchasing power of the middle class in China, Russia, and other regions. The Fund was created by China Investment Corporation (CIC) and Russian Direct Investment Fund (RDIF). RCIF is focused on cross-border transactions, as well as investment opportunities within the economic region across a broad range of sectors to facilitate both countries' structural reforms and economic efficiency.

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Latest Russia-China Investment Fund News
Aug 4, 2021
Default Helvetica Segoe Georgia Times Share This Bryan Cave Leighton Paisner has advised Sberbank Investments and the Russia-China Investment Fund on a RUB 1.6 billion investment structured as a syndicated venture loan in Eruditor Group holding. White & Case advised the Eruditor group on the deal. Eruditor Group holding is the owner of Russian professional services marketplace Profi and Zoon information service. According to BCLP, Profi enables professionals to seek customers and users to find qualified specialists in multiple sectors, including tutors, repair and beauty professionals, sports coaches, etc. Zoon provides consumers with information about various places and organizations in the tertiary sector and helps businesses promote themselves. BCLP’s team included Partners Emma Howdle-Fuller and Anton Panchenkov, Counsels Igor Zhivotov and Alexey Koshelev, and Associates Elena Shelomenzeva, Lira Pogodina, and Sam Wilson. White & Case's team included Moscow-based Local Partner Ekaterina Logvinova and Associate Azamat Gaisenov. Russian Knowledge Partner Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus. We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others. We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure. All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here .
Russia-China Investment Fund Investments
22 Investments
Russia-China Investment Fund has made 22 investments. Their latest investment was in Eruditor Group as part of their Loan on June 6, 2021.

Russia-China Investment Fund Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/4/2021 | Loan | Eruditor Group | $21.96M | Yes | 1 | |
3/30/2021 | Series B | Biren Technology | Yes | Bertelsmann Asia Investments, C Ventures, China Growth Capital, China Merchants Capital, CITIC Securities Investment, Country Garden Venture Capital, Greater Bay Area Homeland Investments, Guosheng Group, Harvest Investments, MSA Capital, Ping An Life Insurance, Russia-China Investment Fund, Source Code Capital, V FUND, Yijing Capital, and Zhuhai Da Heng Qin Company | 10 | |
3/17/2021 | Series D | Changyang Technology | $30.77M | Yes | 7 | |
1/28/2021 | Series A - II | |||||
12/18/2020 | Series E - II |
Date | 6/4/2021 | 3/30/2021 | 3/17/2021 | 1/28/2021 | 12/18/2020 |
---|---|---|---|---|---|
Round | Loan | Series B | Series D | Series A - II | Series E - II |
Company | Eruditor Group | Biren Technology | Changyang Technology | ||
Amount | $21.96M | $30.77M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | Bertelsmann Asia Investments, C Ventures, China Growth Capital, China Merchants Capital, CITIC Securities Investment, Country Garden Venture Capital, Greater Bay Area Homeland Investments, Guosheng Group, Harvest Investments, MSA Capital, Ping An Life Insurance, Russia-China Investment Fund, Source Code Capital, V FUND, Yijing Capital, and Zhuhai Da Heng Qin Company | ||||
Sources | 1 | 10 | 7 |
Russia-China Investment Fund Portfolio Exits
5 Portfolio Exits
Russia-China Investment Fund has 5 portfolio exits. Their latest portfolio exit was Tencent Doctorwork on December 14, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/14/2021 | Merger - II | 1 | |||
Date | 12/14/2021 | ||||
---|---|---|---|---|---|
Exit | Merger - II | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Russia-China Investment Fund Fund History
2 Fund Histories
Russia-China Investment Fund has 2 funds, including Russia-China Venture Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Russia-China Venture Fund | 2 | ||||
China-Russia Regional RMB Fund |
Closing Date | ||
---|---|---|
Fund | Russia-China Venture Fund | China-Russia Regional RMB Fund |
Fund Type | ||
Status | ||
Amount | ||
Sources | 2 |
Russia-China Investment Fund Partners & Customers
1 Partners and customers
Russia-China Investment Fund has 1 strategic partners and customers. Russia-China Investment Fund recently partnered with Russian Direct Investment Fund on September 9, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
9/17/2019 | Partner | Russian Federation | 1 |
Date | 9/17/2019 |
---|---|
Type | Partner |
Business Partner | |
Country | Russian Federation |
News Snippet | |
Sources | 1 |
Russia-China Investment Fund Team
3 Team Members
Russia-China Investment Fund has 3 team members, including current Chief Executive Officer, Kirill Dmitriev.
Name | Work History | Title | Status |
---|---|---|---|
Kirill Dmitriev | Delta Private Equity Partners, and Icon Private Equity | Chief Executive Officer | Current |
Name | Kirill Dmitriev | ||
---|---|---|---|
Work History | Delta Private Equity Partners, and Icon Private Equity | ||
Title | Chief Executive Officer | ||
Status | Current |
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