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Russian Direct Investment Fund (RDIF) and GE to develop joint projects in energy sector Wed, 19/06/2013 - 06:00

The Russian Direct Investment Fund (RDIF) and General Electric (NYSE:GE) are to create a joint venture (JV) for the construction of mini power plants for manufacturing companies across Russia.

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Tyre

RDIF leads consortium to invest in Russia’s largest agriculture tyre producer

A consortium of the Russian Direct Investment Fund (RDIF), Titan International and One Equity Partners (OEP) has reached an agreement in principle with Cordiant to invest in Voltyre-Prom, a Russian agricultural and industrial tyre manufacturer. »


Bobby Franklin

National Venture Capital Association names Bobby Franklin as next president and CEO

The National Venture Capital Association (NVCA) has elected Bobby Franklin to become its next president and chief executive commencing in September 2013. »


Arif Naqvi, founder and group chief executive of the Abraaj Group

The Abraaj Group to acquire 100 per cent stake in African frozen dairy business

The Abraaj Group is to acquire a 100 per cent stake in Fan Milk International (FMI), a West African manufacturer and distributor of frozen dairy products and juices. »


Gas ring

Optimum Energy closes USD12.2m finance round

Optimum Energy has completed a USD12.2m financing round, led by new investor Navitas Capital (backed by a venture capital advisory relationship with Johnson Controls) and including existing investor Columbia Pacific Advisors. »


Oil tanker

Maven leads GBP9m investment in HCS Control Systems

Maven Capital Partners has led an investment in HCS Control Systems via a buy-in management buy-out transaction (BIMBO) alongside the Simmons Parallel Energy Fund. »


Kevin Klausmeyer, executive partner, Teakwood Capital

Teakwood Capital adds Kevin Klausmeyer as executive partner

Texas-based private equity firm Teakwood Capital has appointed Kevin Klausmeyer as an executive partner. »


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