University corner: Russia & Tsinghua
Russia and China are no strangers to collaborating on investment vehicles, with entities from both countries having collaborated on several large bilateral funds over the years – including the Russia-China Investment Fund (RCIF) in 2012. The RCIF, backed by sovereign wealth funds Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), has now in turn partnered TUS Holdings, the enterprise arm of Tsinghua University’s Science Park, for a $100m vehicle dubbed the Russia-China Venture Fund (RCVF).
TUS Holdings and…