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« PE fund raising in global infra space dries up in Q2 2009 | Main | Benchmark MF files offer document for Infrastructure fund »

August 12, 2009

VEB Commits $200 Million to Macquarie-Renaissance Fund

By Stephen Bierman

Aug. 12 (Bloomberg) -- VEB, Russia’s state development bank, will invest $200 million into an infrastructure fund set up by Macquarie Ltd., Australia’s largest investment bank, and Moscow-based Renaissance Capital.

The Macquarie Renaissance Infrastructure Fund has reached a total of $530 million with the VEB commitment, according to an e-mailed statement from the fund today.

Full Story...

Posted by rjorr at August 12, 2009 12:41 PM