Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

berniesandersmittens

berniesandersmittens's Journal
berniesandersmittens's Journal
May 10, 2019

Any of you know anything about the RDIF? (Russia)

The Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in June 2011 by the Russian government to make equity investments in high-growth sectors of the Russian economy. RDIF's mandate is to co-invest alongside large and sophisticated global investors, thus acting as a catalyst for foreign direct investment in Russia.[1] The CEO of RDIF is Kirill Dmitriev.

History
Edit

RDIF was founded in June 2011 under the leadership of both President Dmitry Medvedev and Prime Minister Vladimir Putin as part of a broader initiative to improve the investment climate of Russia and establish Moscow as an international financial center. RDIF is managed by a team of private equity investors with broad international and Russian experience.


https://en.m.wikipedia.org/wiki/Russian_Direct_Investment_Fund


Stephen A. Schwarzman is on it's International Advisory Board. He's also a friend of trump's and is the Chair of his Strategic and Policy Forum.


Schwarzman's son, Teddy's law firm he worked at got fined for working with Manafort......!!!
2015 — Skadden becomes the first law firm to advise on more than $1 trillion worth of deals in a single year.[14]
2019 — Skadden pays $4.6 million settlement to the Department of Justice over Skadden's failure to register as a foreign agent under the Foreign Agent Registrations Act.[15] The $4.6 million represents Skadden's fees for up to 950 hours of work with Paul Manafort and the Ukrainian government in 2012, which Skadden had initially told the Department of Justice had been billed at 100 Ukrainian hryvnias ($13) per hour.[16] As of May 2019, Skadden, along with Mercury Public Affairs and the Podesta Group, have been under investigation by the Southern District of New York (SNDY) for possible lobbying violations regarding former Trump campaign chairman Paul Manafort.[17]



https://en.m.wikipedia.org/wiki/Skadden

This law firm made 1 Trillion dollars in 2015, becoming the first law firm to ever make that much in a year...

I've don't remember any news about RDIF, so my research is kind of at a stand still. I'm tired of our corporate overlords!


Side note: Schwarzman is also co-founder of Blackstone Group along with Pete Peterson (Lehman Brothers).

Profile Information

Gender: Female
Hometown: In the sticks
Member since: Mon Oct 27, 2008, 05:04 PM
Number of posts: 11,343
Latest Discussions»berniesandersmittens's Journal