Pre-IPO fund mulling over 10 projects - RDIF head
MOSCOW. Nov 28 (Interfax) - A Pre-IPO fund, formed by the Russian Direct Investment Fund (RDIF) and a consortium of foreign investors, is mulling over 10 projects for investment, RDIF head Kirill Dmitriev said on the sidelines of a financial forum organized by the Russian business daily Vedomosti.
"We've created a pre-IPO consortium, which invests in pre-IPO processes on the Russian stock exchange. We are now looking at over 10 similar instances and will actively support Russian issuers," he said.
Dmitriev added that discussions are underway with several Russian companies, which have already made share placements on foreign exchanges, concerning additional placements on the Russian market. This discussion is underway, for instance, with the Mat I Ditya Medical Clinics, Dmitriev said.
"We are in discussion with several issuers, which have made placements on foreign exchanges, such as the Mat I Ditya Clinic, so that they make additional placements on the Russian stock market. We hope that more issuers start returning to Russia," he added.
