Rosnano with the Chinese partner is creating a $ 500 million fund for technology transfer to Russia
Rosnano and Chinese venture fund Zhongrong Trust International Co. open a venture capital fund for transferring advanced technologies from the field of microelectronics, biotechnology and electric power industry to Russia.
Image: Sheets
Anatoly Chubais, Chairman of the Board of Rosnano, and Fan Tao, Chairman of the Board of Zhongrong International Trust, signed an agreement on the establishment of a joint investment fund RUSNANO Zhongrong United Investment Fund. At the first stage, its volume will amount to $ 500 million. The partners will contribute funds in equal shares and establish a common management company.
The fund will invest in projects at the growth stage, aimed at the application, development and transfer of advanced technologies to Russia. Technologies should be related to microelectronics, biotechnologies, electric power and oil and gas industries. The fund will make at least 70% of investments in Russia, the remaining 30% in China and other countries.
')
According to Anatoly Chubais, the goal of the partnership is the creation of competitive industries with the prospect of entering the markets of Russia, China and the global market.
The fund will invest more than $ 25 million in each of the projects, but it will be able to invest smaller amounts with the approval of the investment committee, Vedomosti reports, citing Ashot Maryan, the senior managing director of Rosnano.
Earlier, OJSC Rosnano planned a partnership with the European Bank for Reconstruction and Development, the bank had to invest more than $ 100 million in the Russian state corporation. The deal was not completed because of the sanctions, and the fund drew attention to partners from Southeast Asia.
To the question of Megamind about the pool of the fund, they answered that the company had already looked 10 projects for investment.
Image: Sheets
Anatoly Chubais, Chairman of the Board of Rosnano, and Fan Tao, Chairman of the Board of Zhongrong International Trust, signed an agreement on the establishment of a joint investment fund RUSNANO Zhongrong United Investment Fund. At the first stage, its volume will amount to $ 500 million. The partners will contribute funds in equal shares and establish a common management company.
The fund will invest in projects at the growth stage, aimed at the application, development and transfer of advanced technologies to Russia. Technologies should be related to microelectronics, biotechnologies, electric power and oil and gas industries. The fund will make at least 70% of investments in Russia, the remaining 30% in China and other countries.
')
According to Anatoly Chubais, the goal of the partnership is the creation of competitive industries with the prospect of entering the markets of Russia, China and the global market.
The fund will invest more than $ 25 million in each of the projects, but it will be able to invest smaller amounts with the approval of the investment committee, Vedomosti reports, citing Ashot Maryan, the senior managing director of Rosnano.
Earlier, OJSC Rosnano planned a partnership with the European Bank for Reconstruction and Development, the bank had to invest more than $ 100 million in the Russian state corporation. The deal was not completed because of the sanctions, and the fund drew attention to partners from Southeast Asia.
To the question of Megamind about the pool of the fund, they answered that the company had already looked 10 projects for investment.
Source: https://habr.com/ru/post/298028/
All Articles