Georgian Co-Investment Fund Targets More Foreign Institutional Investors

Posted on 10/28/2013


Taking a page from the Russian Direct Investment Fund (RDIF), Georgia has launched a co-investment vehicle to channel capital in needed sectors. In late September 2013, Georgian Prime Minister Bidzina Ivanishvili, a billionaire investor who made the bulk of his wealth during Russia’s transition away from communism, invested US$ 1 billion into it himself. Some […]