Mubadala Takes First Step into Russia with Verno Capital, Deploys $100 million

Posted on 12/01/2010


The Mubadala Development Company plans to invest around US$ 100 million into fund managed by Verno Capital. Verno Capital is a specialist fund manager out of Russia, who has experience in both Russia and former Soviet states. MENA SWFs are very risk averse, and this shows that they see Russia as less of a controversial […]