Russian fund builds investors pool for Saudi Aramco IPO | ZAWYA MENA Edition:
"The Russian Direct Investment Fund (RDIF) has pledged to set up a "significant" pool of investors for the potential $100 billion initial public offering (IPO) by Saudi Arabian state oil major Aramco, it said on Thursday.
The sovereign wealth fund's head, Kirill Dmitriev, who has previously said that Russian pension funds were considering participation in the Saudi Aramco IPO, said he expects widespread interest from the Russian financial sector.
"We see a great interest from the Russian banks, from Russian investment banks and other Russian investors," he said on the sidelines of a conference in the Russian Black Sea resort of Sochi."
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