Bloomberg News

Putin Says Russian State Fund Has 180 Billion Rubles of Projects

December 29, 2011

Dec. 29 (Bloomberg) -- Russia Direct Investment Fund, the private-equity investment pool set up by President Dmitry Medvedev, is overseing projects valued at 180 billion rubles, Prime Minister Vladimir Putin said today outside Moscow at a supervisory board meeting of the country’s state development bank VEB. A unit of VEB is managing the fund.

To contact the reporter on this story: Ekaterina Shatalova in Moscow at eshatalova@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net


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