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Sovereign Wealth Fund
rdif.ru

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Investments

51

Portfolio Exits

6

Funds

4

Partners & Customers

10

About Russian Direct Investment Fund

The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund with reserved capital of $10 billion under management. Working alongside the world's foremost investors, the fund makes direct investments in leading, as well as promising, Russian companies.

Russian Direct Investment Fund Headquarters Location

Capital City, South Tower 7th, 8th floor, 8 bld. 1 Presnenskaya nab.

Moscow, 123112,

Russian Federation

+7 495 644 3414

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Latest Russian Direct Investment Fund News

Revealed: The Russian elites Australia is targeting with sanctions

Mar 14, 2022

Catie McLeodNCA NewsWire Chelsea Football Club owner Roman Abramovich is one member of the latest group of wealthy Russian elites to be targeted by Australian sanctions as the war in Ukraine escalates. Foreign Affairs Minister Marise Payne on Monday announced fresh sanctions would be slapped on 33 Russian oligarchs and some of their wives and children. “Many of these oligarchs have facilitated, or directly benefited, from the Kremlin’s illegal and indefensible actions in Ukraine since 2014,” Senator Payne said. The sanctions include travel bans and will freeze any assets held by the oligarchs in Australia, as well as preventing any future transactions here. The announcement came as Russian forces moved closer to the Ukrainian capital of Kyiv on the 17th day of Vladimir Putin’s military offensive against his neighbouring country. Australia’s move follows Canada, the European Union, New Zealand, the United Kingdom and the United States in taking further restrictive measures against “key Russian individuals”. Arguably the most prominent of the group is Abramovich – the London-based billionaire owner of Millhouse Capital – who was this week barred from the Premier League. The 55-year-old has run Chelsea football club since 2003 but he was formally disqualified by the league board because of his ties to the Russian president. The board announced its decision on Saturday following the imposition of sanctions by the UK government against several key Russian businesspeople. Abramovich had already announced he would put Chelsea up for sale before he was formally sanctioned amid mounting calls for oligarchs to face repercussions for the invasion of Ukraine. Sergey Chemezov is another oligarch to be sanctioned by Australia, following the lead of other countries. Chemezov has been the chief executive officer of the Moscow-based, state-owned defence industry conglomerate Rostec since 2007. The 69-year-old was appointed to the position by Putin, whom he befriended in the military when both men were stationed in East Germany in the 1980s. The two men worked as KGB spies before the 1991 fall of the Soviet Union and remain close allies. Chemezov is reported to have told Rostec employees the military operation in Ukraine had prevented an attack on Russia, which he said would defy Western sanctions. “If you glance at Russia’s history, almost all of that history Russia has battled with different sanctions, with enemies which encircled her, and she always came out as the victor,” he told staff, according to Reuters. Australia has also imposed sanctions on Kirill Dmitriev, the chief executive officer of the Russian Direct Investment sovereign wealth fund. The $10bn fund was created by the government to co-invest in the country’s economy and partner with foreign investors to invest in Russian companies. Dmitriev, 46, was born in Kyiv when Ukraine was still under the control of the Soviet Union. Foreign press, including the Financial Times, have reported Dmitriev is close to Putin’s family, with his wife Natalia Popova both an employee and very close friend of the Russian president’s younger daughter, Katerina Tikhonova. Camera Icon Vladimir Putin pictured with Gazprom CEO Alexey Miller. AFP/Sergei Karpukhin Credit: Supplied Other prominent oligarchs named by Australia on Monday include Gazprom chief executive officer Alexey Miller, Rossiya chairman Dmitri Lebedev, Vnesheconombank chairman Igor Shuvalov and Transneft chief executive officer Nikolay Tokarev. Monday’s announcement takes Australia’s sanctions on Russian individuals and entities in recent weeks to more than 460 in total. The Central Bank of Russia, Russian Direct Investment Fund, the nation’s armed forces, political and military figures including Putin and his Security Council, have all been targeted. “We will continue to co-ordinate closely with our partners to impose a high cost on Russia for its actions,” Senator Payne said. “The Australian Government reiterates our strongest support for Ukraine’s sovereignty and territorial integrity and for the people of Ukraine.”

Russian Direct Investment Fund Investments

51 Investments

Russian Direct Investment Fund has made 51 investments. Their latest investment was in VseInstrumenti as part of their Private Equity on February 2, 2022.

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Russian Direct Investment Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/1/2022

Private Equity

VseInstrumenti

Yes

1

1/25/2022

Private Equity

IXcellerate

$190M

Yes

8

8/30/2021

Series C

Borzo

$35M

Yes

16

7/22/2021

Series A - II

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$99M

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10

5/26/2021

Series D

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$99M

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10

Date

2/1/2022

1/25/2022

8/30/2021

7/22/2021

5/26/2021

Round

Private Equity

Private Equity

Series C

Series A - II

Series D

Company

VseInstrumenti

IXcellerate

Borzo

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Amount

$190M

$35M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

8

16

10

10

Russian Direct Investment Fund Portfolio Exits

6 Portfolio Exits

Russian Direct Investment Fund has 6 portfolio exits. Their latest portfolio exit was Enel Russia on June 16, 2022.

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

6/16/2022

Corporate Majority

$99M

1

12/13/2021

Acquired

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$99M

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10

12/9/2021

Corporate Majority

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$99M

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10

12/2/2021

Acq - Pending

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$99M

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10

10/14/2019

Merger

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$99M

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10

Date

6/16/2022

12/13/2021

12/9/2021

12/2/2021

10/14/2019

Exit

Corporate Majority

Acquired

Corporate Majority

Acq - Pending

Merger

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

10

10

Russian Direct Investment Fund Acquisitions

3 Acquisitions

Russian Direct Investment Fund acquired 3 companies. Their latest acquisition was Prosveshchenie on May 19, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/19/2021

Other

$99M

Corporate Majority

3

10/7/2013

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$99M

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10

12/13/2012

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$99M

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10

Date

5/19/2021

10/7/2013

12/13/2012

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Corporate Majority

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Sources

3

10

10

Russian Direct Investment Fund Fund History

4 Fund Histories

Russian Direct Investment Fund has 4 funds, including Russia-Japan Investment Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/7/2017

Russia-Japan Investment Fund

$1,000M

1

Russia-India Investment Fund

10

Russia-Armenia Investment Fund

10

Russian-Chinese Science and Technology Innovation Fund

10

Closing Date

9/7/2017

Fund

Russia-Japan Investment Fund

Russia-India Investment Fund

Russia-Armenia Investment Fund

Russian-Chinese Science and Technology Innovation Fund

Fund Type

Status

Amount

$1,000M

Sources

1

10

10

10

Russian Direct Investment Fund Partners & Customers

10 Partners and customers

Russian Direct Investment Fund has 10 strategic partners and customers. Russian Direct Investment Fund recently partnered with Wockhardt on November 11, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

11/8/2021

Licensee

Wockhardt partners with RDIF to produce Sputnik V, Sputnik Light COVID-19 vaccines

Wockhardt partners with RDIF to produce Sputnik V. , Sputnik V. Light COVID-19 vaccines

1

8/13/2021

Licensee

Covid 19 Vaccine: Wockhardt partners with RDIF to produce, supply Sputnik vaccine

The agreement has been inked under the aegis of Enso , RDIF 's coordination partner for sourcing Sputnik V vaccines in India .

1

7/22/2021

Licensee

India

Gland Pharma on track to start production of Sputnik V jabs by November

Gland Pharma entered into a partnership with Russia 's sovereign fund , the Russian Direct Investment Fund , in March to manufacture and supply up to 252 million doses of the Sputnik V vaccine .

1

4/19/2021

Partner

China

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10

4/15/2021

Partner

South Korea

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10

Date

11/8/2021

8/13/2021

7/22/2021

4/19/2021

4/15/2021

Type

Licensee

Licensee

Licensee

Partner

Partner

Business Partner

Country

India

China

South Korea

News Snippet

Wockhardt partners with RDIF to produce Sputnik V, Sputnik Light COVID-19 vaccines

Wockhardt partners with RDIF to produce Sputnik V. , Sputnik V. Light COVID-19 vaccines

Covid 19 Vaccine: Wockhardt partners with RDIF to produce, supply Sputnik vaccine

The agreement has been inked under the aegis of Enso , RDIF 's coordination partner for sourcing Sputnik V vaccines in India .

Gland Pharma on track to start production of Sputnik V jabs by November

Gland Pharma entered into a partnership with Russia 's sovereign fund , the Russian Direct Investment Fund , in March to manufacture and supply up to 252 million doses of the Sputnik V vaccine .

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Sources

1

1

1

10

10

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