"VEB's subsidiary will manage a private equity fund

According to the head of the Ministry of Economic Development Elvira Nabiullina for management Foreign Direct Investment FundThe fund will be managed by a special management company, a subsidiary of VEB, which will start operating on June 1. At the same time, the fund will attract foreign specialists to its management.

The co-financing of the fund by the Russian state will amount to 10-15%. The minister stressed that co-investment can be made by both foreign and Russian investors, but the participation of foreign investors in projects is mandatory.

Volume private equity fund should reach $10 billion. In the first year, additional budget revenues could provide up to $2 billion in capitalization. In the next five years, the target level of $10 billion will be reached. dollars.