Kremlin Private Equity Fund Said to Be Hiring 30 Bankers
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The Russian private equity unit being set up by President Dmitry Medvedev is seeking to hire 25 to 30 investment managers, according to a person with direct knowledge of the plan.
The fund, which will get at least $10 billion of Russian government money over the next five years and be managed by VEB, or Vnesheconombank, the state development bank, will begin hiring in June, the person said, declining to be identified before the information is made public.