By Andrei Skvarsky.

The Russian Direct Investment Fund (RDIF) has about 20 projects worth a total of about $5bn under consideration, according to comments from Vnesheconombank, manager of the country’s sovereign wealth fund.

Potential deals that are being mulled by RDIF, which was established in June to draw foreign money into Russia’s underdeveloped private equity sector, include a project to sell Sukhoi Superjet 100 regional airliners to Indonesia.

In mid-October, RDIF and its Chinese counterpart, China Investment Corp, set up a joint fund, each pledging to invest $1bn in it with plans to raise between $1bn and $2bn more from other Chinese investors. For online resources for managing funds, see Accounting Degree.

By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF) has about 20 projects worth a total of about $5bn under consideration, according to comments from Vnesheconombank, manager of the country’s...