Russia's Putin pitches Adia, CIC, KIA and KIC
Four sovereign wealth funds held direct talks in Moscow over their participation in a government-backed Russia investment fund, AsianInvestor has learned.
Two weeks ago, four Asian sovereign wealth funds held top-level meetings in Moscow at the behest of Russian Federation president Vladimir Putin, according to a person who attended on behalf of one of the SWFs.
The Abu Dhabi Investment Authority, China Investment Corporation, Kuwait Investment Authority and Korea Investment Corporation reportedly met Putin and Dmitriev Vladimir Alexandrovich, chairman of Vnesheconombank (VEB), on May 18.
VEB is informally known as the Russian Dev…
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