RVC Infrastructure Fund RVC Infrastructure Investments

Infrastructure investments of RVC (Infrafond RVC) were created in January 2011 with the participation of RVC (99.91%) and SME Bank OJSC (0.09%). Infrafond RVC manages subsidiary funds of JSC "RVC": LLC "FPI RVC," LLC "Biofond RVC," LLC "Civil Technologies of the Defense Industry." The total portfolio of funds includes more than 80 companies, the total amount of funds under their management is about 5.9 billion rubles.

In 2016, Infrafond RVC became the managing partner and investor of the Russian-Belarusian Venture Investment Fund (RBF Ventures). The volume of RBF Ventures is 1.4 billion rubles.

Tasks of the fund

The key task of the RVC Infrastructure Fund is to develop the market for specialized services and services necessary for technology companies to effectively conduct their main activities and accelerate development, promote products on the domestic and foreign markets.

The new infrastructure will provide innovative entrepreneurs with consulting services in the field of marketing, finance, jurisprudence, intellectual property, investor relations and others.

In whom the fund invests

The main subjects for considering an investment application for the RVC Infrastructure Fund are companies that provide services to innovative companies and carry out consulting, expert, research, analytical, scientific and technical, organizational activities to promote the creation, technological, financial and business development and promotion of innovative companies and projects, as well as attract investment and financing in innovative companies and projects. That is, contributing to the development of the innovative market of Russia.

In addition, the service company that claims to invest in the fund should, as a result of its activities, not only solve the specific problem of the innovative market, but also offer unique services/products.

The RVC infrastructure fund will be interested in a service company that introduces advanced business solutions into business turnover, uses various own (and/or acquired) modern technologies and methods, offers new services for participants in the innovation and technology market, methods and tools that overcome traditional infrastructure barriers to the development of the innovative, technological and venture market.

How the fund invests

Initial amount of authorized capital: 500 million rubles.

Planned share capital: 2 billion rubles (December 2011).

The period of operation of the Infrastructure Fund: without restrictions (indefinite).

The Infrafond is investing together with private investors.

The Infrafond provides no more than 75% of the volume of investment needs of infrastructure companies in monetary, property forms, or in the form of rights to the results of intellectual activity in the amount (equivalent) not more than 100 million rubles at the first round of investment.

Any legal and financial terms and conditions of transactions permitted by the effective legislation of the Russian Federation are permitted by the infrastructure fund.

The infrastructure fund considers projects directly from the initiators or authors of the projects, as well as private investors (without interacting with the system of venture partners).

Investment decisions are made by the Investment Committee of the Infrastructure Fund (Management Board).

History

2014: "Infrafond RVC" gets full control over "Business Magazine"

Since April 14, 2014, Infrafond RVC became the sole owner of Business Magazine.

2011: First investment: acquisition of 37.5% in "Business Journal"

On December 9, 2011, it became known that the first company in the portfolio of Infrastructure Investments RVC LLC (Infrafonda RVC) will be Business Magazine. The decision to approve the acquisition of 37.5% of the magazine was made at the next meeting of the Board of the fund.

The investments will be used to implement a new strategy for the development of the existing business publication "Business Magazine," which has been published by the publishing house "Computer" since 2002, while preserving the basic principles of the current business model.

The publication of regular thematic pages "Venture Investing" in partnership with the Russian Venture Company also contributed to the deep "immersion of the editorial staff in the topic."

Dmitry Mendrelyuk, founder of Business Magazine:

funds invested by Infrafond RVC will be used to implement an investment program aimed at developing the existing media business of the publication to a qualitatively new level, reconception of the" Business Magazine "with a shift in the main focus to the topics of venture investment, innovation and technological entrepreneurship, as well as the launch of new business areas in related segments, which will diversify the company's sources of income and provide synergy. In addition, within the framework of this project, we intend to solve another important task - to change the traditional approach to business journalism and offer the market a qualitatively different model. The discussion of capital truths and long-known business tools is becoming less and less interesting for both journalists and readers - shareholders, investors, entrepreneurs, top managers. Standard responses are less and less interested in the business audience. New markets and niches are emerging before our eyes, and the pace of technological changes has significantly increased, radically transforming the usual business processes. It must be recognized that the traditional business press has ceased to keep pace with these trends. With the support of the RVC Infrastructure Fund, we are ready to implement a modern approach to discussing really pressing problems and issues, paying special attention to innovative business methods. "

Jan Ryazantsev, Director of Investment and Expertise Department and Member of the Board of JSC Russian Venture Company:

"We are going through a difficult period of testing the selected investment focus of the fund by practice: supporting the service infrastructure for innovative companies and investors. Quality information is one of the key resources to achieve success by an entrepreneur. Therefore, the first investment is in a well-known, respected by professionals, ready for serious development media resource, managed by an experienced, enthusiastic team. Infrafond RVC will receive a share of 37.5% in Business Journal. From our point of view, the volume of investment is quite reasonable, given the expected positive effect on the entire innovative ecosystem. The first investment is a very exciting moment. I hope a good example initiates a powerful stream of quality investment applications to Infrafond. "

Igor Agamirzyan, General Director and Chairman of the Board of JSC Russian Venture Company:

"The lack of information about the market infrastructure and its participants, the low culture of working with intellectual property and the lack of understanding of its role in business strategy, the need for personnel combining technological skills with the skills of managing innovative companies, the underdevelopment of communications have all become prerequisites for the creation of the RVC Infrastructure Fund. Therefore, the first task that the fund faces is to make effective investments in businesses that provide technology companies with the necessary set of services and services. We expect that the activities of the RVC Infrastructure Fund will significantly accelerate the creation of the so-called "soft infrastructure" of the technological market. "

2010: Establishment of the RVC Infrastructure Fund

In June 2010, the Board of Directors of Russian Venture Company OJSC approved the concept of the RVC Infrastructure Fund. In early 2011, the limited liability company Infrastructure Investments RVC (Infrafond RVC) began its work.