Support The Moscow Times!

RDIF Creates Pre-IPO Fund

A Pre-IPO fund, formed by the Russian Direct Investment Fund and a consortium of foreign investors, is mulling over 10 projects for investment, RDIF head Kirill Dmitriyev said on the sidelines of a financial forum Wednesday, Interfax reported.

"We've created a pre-IPO consortium, which invests in pre-IPO processes on the Russian stock exchange. We are now looking at over 10 similar instances and will actively support Russian issuers," he said. Dmitriyev added that discussions are under way with several Russian companies, which have already made share placements on foreign exchanges, concerning additional placements on the Russian market.

"We are in discussion with several issuers that have made placements on foreign exchanges, such as the Mat I Ditya Clinic, so that they make additional placements on the Russian stock market. We hope that more issuers start returning to Russia," he added.

(MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more