RDIF meaning in Business ?

Answer: What is Russian Direct Investment Fund mean?

The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 by the Russian government to make investments in leading companies of high-growth sectors of the Russian economy. Its mandate is to co-invest alongside the world’s largest institutional investors — direct investment funds, sovereign wealth funds and leading companies. RDIF therefore acts as a catalyst for direct investment in Russia.

RDIF’s reserved capital under management equals $10 billion. RDIF has invested and committed for this purpose 2.1 trillion rubles, of which RDIF alone invested 200 billion rubles and 1.9 trillion rubles came from co-investors, partners and banks. RDIF also attracted over $40 billion of foreign capital into the Russian economy through long-term strategic partnerships.

Kirill Dmitriev is the RDIF's chief executive officer.

reference

Full Form	Category
Russian Direct Investment Fund	Business
Rights Democracy and Inclusion Fund	Business
Rights Democracy Inclusion Fund	Business
Regional Development Innovation Fund	Community
Rural Development Initiative Fund	Community
Regional Development and Innovation Fund	Community