Created by the Russian government, Rusnano places its capital in companies that occupy the niche of nanotechnology. The firm has invested $6.3 billion in over 100 firms at home and outside of Russia – including the US – and overall manages about $10 billion in funds. After five years of operation, Rusnano has decided to attract private investors by offering equity to the tune of 10% of its shares.
Among large emerging economies – Brazil, Russia, India, China, and South Africa – Russia is still somewhat underexplored and investors remain cautious. However, interest is growing and opportunities are there, especially with the Russian government’s willingness to spend money.
To read the full, original article click on this link: Venture Capital, Russian Style - Forbes
