The state-backed Russian Direct Investment Fund (RDIF) has expanded its international advisory board with three new members to strengthen ties with sovereign wealth funds.
President of the China Investment Corporation Gao Xiqing, CEO of Qatar Investment Authority Ahmad Mohamed Al-Sayed and CEO of Abu Dhabi’s Mubadala Development Company Khaldoon Khalifa al-Mubarak will now serve on the $10bn fund’s international advisory board.
Back in June RDIF and Mubadala launched a $2bn Russia-focused co-investment fund with each committing $1bn a year after establishing a $2.4bn fund with CIC to invest in Russia and China.
It also has a co-investment fund with the State Bank of India, which was announced in December.
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