Yuri Milner founded the DST Global V investment fund and raised $ 1.7 billion there

Russian businessman Yuri Milner launched an investment fund DST Global V. Unnamed investors have invested $ 1.7 billion in the fund. The sale of the first unit of this fund took place in mid-July of this year, indicated on the website of the US Securities and Exchange Commission (SEC). The fund is registered in the Cayman Islands.

Whether Milner plans to attract additional funds in the near future is not yet known. Like the previous Milner funds, DST Global V will focus on Internet startups - the company has not changed its strategy, the Vedomosti source said . According to him, there are no Russian investors in DST Global V.

In total, Milner's funds raised about $ 2.9 billion over its lifetime. The shareholder of the first DST Global fund was businessman Alisher Usmanov. In April of this year, the co-founders of VKontakte Lev Leviev and Vyacheslav Mirilashvili became investors of the DST Global II and DST Global I funds.
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In June 2014, Yuri Milner founded the investment fund DST Global IV. In March, American Forbes ranked Milner in the top 20 of Midas List , the ranking of the 100 most successful venture capital investors in the world.