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Home > News > UK venture capital firm mandated to run Russian-Kazakh nanotechnology fund

October 10th, 2010

UK venture capital firm mandated to run Russian-Kazakh nanotechnology fund

Abstract:
With a target size of $100m, the Russian-Kazakhsran Nanotechnology Venture Fund its target projects focused on nanotechnology and the use of nanoindustry products in the two regions.

The fund's two anchor investors, Russian nanotech company RUSNANO and Kazyna Capital Management, are to contribute $25m each to the fund, with the remainder expected to come from private investors.I2BF managing partner Ilya Golubovich noted that co-management of a venture fund was an unusual step, but claimed that the the firm could work productively alongside VTB Capital.

Source:
bsr-russia.com

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