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HONOLULU, November 11, 2011 /PRNewswire/ --
Speaking at the Asia-Pacific Economic Cooperation (APEC) summit, Chief Executive Officer of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said that mutual investments across borders, notably in the infrastructure and agriculture sectors, are needed to restore growth to the global economy and prevent a double-dip global recession. The United States is hosting the summit this year in Hawaii and in 2012 the chairmanship of APEC will pass to Russia.
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BRUSSELS, December 15, 2011 /PRNewswire/ --
Russia's accession to the World Trade Organization (WTO) will spur an increase in mutual Russian-European investment, and European companies should look East to the Russian market for new sources of growth. These were key themes addressed by Kirill Dmitriev, Chief Executive Officer of the Russian Direct Investment Fund, in remarks delivered at the EU-Russia Industrialists Roundatable today. The Roundtable was held as part of the EU-Russia Summit in Brussels.
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In the private equity world, partnership agreements have received praise from many corners for reducing the agency costs arising between the interests of fund managers and investors. This article sets out to assess contract design in private equity partnerships. The argument here is that the importance of many of these heralded contract design features has been overstated. Part II describes the legal rights of investors in private equity funds. By default, investors in private limited partnerships have limited rights to participate in day-to-day operations or challenge decisions of fund managers. As a result of this set of default legal rules, investors in these funds face a familiar agency problem. That is, fund managers may be emboldened to pursue their own self-interest at the expens...
... in which to invest and managing those investments. As commentators have noted, the structure of the ... in limited partnerships passes through directly to investors, where it is taxed as ordinary income...
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BEIJING, October 11, 2011 /PRNewswire/ --
China Investment Corporation (CIC), China's sovereign wealth fund, and the Russian Direct Investment Fund (RDIF), the fund recently established by the Russian government, today announced plans to set up the USD 3-4 billion Russia-China Investment Fund, a vehicle to make equity investments primarily in the Russia economy. The RDIF and CIC will each contribute USD 1 billion to the new fund and expect to raise USD 1-2 billion from third-party investors. Vnesheconombank (VEB), Russia's state development bank, will act as a strategic partner to the fund.
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DENVER -- Enhance Skin Products Inc., (OTCBB: EHSK) is pleased to announce that it has executed an Indirect Primary Offering Agreement (IPOA) and a Re...
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SOCHI, Russia, September 16, 2011 /PRNewswire/ --
Speaking at the Sochi International Investment Forum today, Chief Executive Officer of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev outlined the case for and the role that RDIF will play as a catalyst for long-term investments into the country's growing economy. Mr. Dmitriev delivered his remarks at the plenary session of the Forum chaired by Russian Prime Minster Vladimir Putin.
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This paper investigates the extent to which country risk ratings influence the inflow of foreign direct investment (FDI). Using International Monetary Fund (IMF) data from over 100 countries and Euromoney's country risk ratings over a ten-year period, this study finds that country risk ratings have a significant influence on FDI. This effect is stronger for US FDI. We also analyze the relative importance of the individual components of the country risk index.
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CANNES, France, November 2, 2011 /PRNewswire/ --
Economic growth and increased cross-border investment are the keys to resolving the European debt crisis and avoiding a second wave of global economic recession, Chief Executive Officer of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said at the B20 Business Summit in Cannes today. The B20 is a meeting of senior business executives being convened as part of the G20 Heads of State summit in order to develop recommendations and issue commitments from business leaders on the global financial and economic challenges of today.
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These proposals may be welcomed by Americans who have shared our frustration with your predecessor. Our frustration should not blind us, however, to the dangers implicit in applying a military approach to Darfur instead of pursuing non-military initiatives of the sort we propose in this let- ter. As academic specialists, writers, and Darfur advocates, we therefore feel it is vitally important to convey our recommendations and concerns regarding US policy towards rhe Darfur conflict.
Since 2003, the government of Sudan has pursued a genocidal campaign against the civilian population of Darfur. Although obstruction by the government of Sudan has prevented the international community from determining concrete mortality statistics, at least 200,000 have died and over 2.5 million have been d...
...We believe rhat fundamental changes in Washington's policies are necessary to ...
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LONDON (HedgeWorld.com) - BH Macro, the listed feeder fund of Brevan Howard's global macro fund, has raised 770 million euro ($1.012 billion) in its initial public offering, making it the second biggest intake of cash ever for direct investment in a hedge fund vehicle. It is the first time that a single-manager fund has listed on the main board of the London Stock Exchange.
It is almost entirely new money," Ian Plenderleith, the chairman of BH Macro, said in an interview, confirming that over 90% of the funds raised came from investors not already in the closed global macro fund. "We think it has a good spread across the constituencies you would expect to invest in a global macro hedge fund.