Saturday, September 14, 2013

Q&A with RDIF's Kirill Dmitriev

The Russian Direct Investment Fund, the sovereign wealth fund established in 2011 to make equity investments in the Russian Federation, announced this week that it had teamed up with Abu-Dhabi’s department of finance to create a joint venture to invest in Russian infrastructure.

 The $5 billion contribution from the Abu Dhabi department of finance is the largest investment from the Middle East ever made into Russia, according to Kirill Dmitriev, chief executive of the RDIF, who spoke to Private Equity News, sister publication of Financial News, about the joint venture.

Five questions five years on from Lehman

Financial News has this week been asking high-profile names from the world of finance – including Larry Fink, Michael Tory and Ed Bonham Carter – about their memories of the US bank's collapse in September 2008.

The fall of Lehman Brothers in mid-September 2008 was the spark that inflamed the financial sector and the banking industry, paving the way for a full-blown crisis.