Russian Sovereign Wealth Fund Says Planning Joint Deal With Baring Vostok
Russia’s sovereign wealth fund RDIF plans a joint investment in the next couple of months with Baring Vostok, the private equity group whose executives are facing charges in Russia of fraud, RDIF head Kirill Dmitriev told Reuters. A Moscow court on Thursday ruled that Michael Calvey, the U.S. citizen who heads Baring Vostok, should be…
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