Russian Venture Capital I LP, a subsidiary fund of RVC, was registered in the UK in 2010. The fund was established for the purpose of technologies transfer arrangements from the global market to Russia by purchasing securities/stakes in foreign innovative companies or funds, including membership in investor consortiums (alliances) or co-investment deals with leading venture capital funds.
Russian Venture Asset Management Ltd (UK) is a subsidiary fund of RVC and acts as the managing partner of Russian Venture Capital I LP. RVC is the only investor of the partnership with limited liability (Limited Partner).
The Fund is focused on investments in alternative energy technologies, energy, microelectronics and high-performance computing.
To date, the Fund has co-invested in three innovative companies, closing two deals as a lead investor.
The target size of the fund, USD million:60.69
Russian Venture Capital II LP, a subsidiary fund of RVC, was registered in 2011 and was eventually reorganized as RVC IVFRT LP due to the joining of the second investor - Investment and Venture Fund of the Republic of Tatarstan. Both investors are acting as limited partners (LP). The Fund is managed by Volga Venture Management Inc., a joint venture company incorporated under the laws of Delaware (USA) and owned by RVC USA Inc. (a subsidiary of RVC) and the Investment and Venture Fund of the Republic of Tatarstan.
The Fund focuses on investing in leading later stage international venture capital funds and co-invests in technology assets for the benefit of the Russian Federation.
The target size of the fund, USD million.:40,00