Rus News Journal

RVK has selected 5 venture companies for management 6,4 mlrd rbl.

Open Society the Russian venture company (RVK) has selected 5 venture companies on the second competitive selection for transfer to it in trust management of money resources RVK. Elvira Nabiullina has informed On it the head of Ministry of economic development and trade of the Russian Federation.
all 18 companies took part in competition, demands have been submitted on 24 mlrd rbl. Session of board of directors passed in frameworks of XII Petersburg economic forum.
following the results of competition the companies " have been selected; the Alliance of Rosno Management of actives Maksvell Esset Management the Leader the North of Esset Management and TSentrInvest . In total RVK transfers in control to the companies 6,4 mlrd rbl.
In May 2007. RVK declared three winners of the first competitive selection of management companies for transfer to it in trust management of money resources RVK (nearby 4 mlrd rbl. In total) for the purpose of the subsequent investment in the domestic innovative companies. Winners of first competition RVK became Joint-Stock Company VTB Management of actives Open Company the Management company Bioprocess of Kepital Partners and Joint-Stock Company finanstrast .
we Will remind, in December 2007. RVK, the European bank of reconstruction and developments (European Reconstruction and Development Bank) and the Israeli bank Tamir Fishman Group have refused to co-operate with Joint-Stock Company finanstrast and to form venture fund Tamir Fishman Russian. The Cause of a failure became interview of the general director of Joint-Stock Company finanstrast Oleg Shvartsmana in whom he has told about sources of the company, its present partners and patrons and about plans for the future. The size of participation RVK in the venture fund generated finanstrastom it was provided at level of 980 million rbl. Thus, to the remained two companies in trust management it has been transferred on 1,5 mlrd rbl.
RVK has been created according to the governmental order of the Russian Federation from August, 24th 2006. The state posesses 100 % of an authorised capital stock of the company. RVK it is created for the purpose of acquisition of investment shares of venture funds that is its exclusive kind of activity. The authorised capital stock makes 30 mlrd rbl.