Lavrov says Russia-Belarus relations developing in working modeRussian Politics & Diplomacy February 21, 21:48
Condolence book in memory of Churkin opened at Russia’s Permanent Mission to UNWorld February 21, 20:53
Ukrainian billionaire Dmitry Firtash detained in Vienna at Spain’s requestWorld February 21, 20:40
UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
MOSCOW, July10 (Itar-Tass) - The State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank, VEB) and the international investment group Adams Street Partners have signed a cooperation agreement on setting up joint investment funds in Russia, VEB said in its statement on Tuesday.
“The agreement envisages development of partnership in order to expand the access for Russian enterprises to long-term financial resources in the form of direct investments in their charter capital. The sides are going to focus on the development of the infrastructure of direct investments in Russia, including the setting up of joint investment funds,” an official at the state corporation said.
The two sides plan to focus on the promotion of joint projects in the spheres of infrastructure, energy and resource efficiency, support of small and medium business, pharmaceutical and medical industries, in the spheres of technologies and innovations, and other projects, which need drawing direct investments.
The Adams Street Partners was set up in the United States in 1972. It makes direct investment in capitals of enterprises in different forms. Herewith, Adams Street Partners use both private and institutional trust investments. Among the company’s investors are large pension and sovereign funds, international corporations and individuals. As of the beginning of 2013, as many as 22 billion U.S. dollars were under the management of the Adams Street partners company.