Government fund of funds
Development institute of the Russian Federation

Funds for Young Managers (1st GP)

The purpose of RVC's investments in funds managed by young managers is to develop the venture market through an increase in the number of funds and active management companies.

RVC's Investments

no more than 25% of a fund and no more than 250 million roubles

Investment obligation of the MC (key persons)

not less than 5-10% of the size of a fund

The share of fund investors who are not development institutions

not less than 50% of the size of a fund

Requirements to a MC

the experience of team members in venture investment funds, entrepreneurial experience in technology, business angel experience

Corporate Governance

the right of RVC JSC to appoint a representative as a member of the IC with the possibility of obtaining the right of veto

Others

the first fund under the management of this team

 

Venue: