Kirill Dmitriev
Encyclopedia
Kirill Dmitriev is CEO of Russian Direct Investment Fund (RDIF) starting April 2011, with expected capital under management of $10 bln. From 2007 to 2011 was President of Icon Private Equity, a leading direct investments fund in CIS
with over $1 billion under management. Prior to establishing Icon, Mr. Dmitriev was Co-Managing Partner of Delta Private Equity Partners, the leading private equity
fund in Russia
with over $500 millions under management.
Mr. Dmitriev completed a number of investments and exits including the sale of DeltaBank to General Electric
, DeltaCredit Bank to Société Générale
, CTC Media
shares to Fidelity Investments
, National Cable Networks to Basic Element
, CompuLink to three investment funds, TV3 to Prof-Media
, and NTC
to Bank Rossiya
.
In March 2009 Mr Dmitriev became a member of the supervisory board of Prominvestbank, one of the major banking institutions in Ukraine.
From 2005-2006, he served as the Chairman of the Russian Venture Capital and Private Equity Association. Mr. Dmitriev has been selected as a Young Global Leader by the World Economic Forum
in Davos
, and serves on the Advisory Board of Harvard Business Review
, Russia.
Prior to joining Delta Private Equity in 2002, Mr. Dmitriev was Deputy General Director at Information Business Systems (IBS), the leading Russian IT services provider. He also worked as an investment banker with Goldman Sachs
in New York and as a consultant with McKinsey & Company
in Los Angeles
, Moscow
and Prague
.
Нe holds a BA in Economics
with Honors and Distinction from Stanford University
and an MBA with High Distinction (Baker Scholar) from the Harvard Business School
.
2009 saw the foundation of Kirill Dmitriev's Social Initiatives Fund. Its goal is to support talented people and socially significant events in Russia and Ukraine. One of its projects is "One World Art", a charity concert held on December 7, 2010 at the Ukrainian National Philharmonic. The Moscow Virtuosi led by a living music legend Vladimir Spivakov performed with young talanted children from Ukraine
and Russia
. The event was attanded by political and business elites.
(sister paper of the Financial Times and Wall Street Journal) published an essay by Mr Dmitriev’s headlined “Crisis: five rules for survival”,. In the article Kirill Dmitriev warned that the current crisis would be a prolonged one and suggested that the following rules should be followed to survive it:
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Commonwealth of Independent States
The Commonwealth of Independent States is a regional organization whose participating countries are former Soviet Republics, formed during the breakup of the Soviet Union....
with over $1 billion under management. Prior to establishing Icon, Mr. Dmitriev was Co-Managing Partner of Delta Private Equity Partners, the leading private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
fund in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
with over $500 millions under management.
Mr. Dmitriev completed a number of investments and exits including the sale of DeltaBank to General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
, DeltaCredit Bank to Société Générale
Société Générale
Société Générale S.A. is a large European Bank and a major Financial Services company that has a substantial global presence. Its registered office is on Boulevard Haussmann in the 9th arrondissement of Paris, while its head office is in the Tours Société Générale in the business district of La...
, CTC Media
CTC Media
CTC Media, Incorporated is a leading media company in Russia. It owns and operates two national free–to–air TV networks in Russia . It also operates two channels in the CIS - Channel 31 in Kazakhstan and a TV company in Uzbekistan...
shares to Fidelity Investments
Fidelity Investments
FMR LLC or Fidelity Investments is an American multinational financial services corporation one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm...
, National Cable Networks to Basic Element
Oleg Deripaska
Oleg Vladimirovich Deripaska is the Russian Chief executive officer of Basic Element company and a member of the Board of Directors and CEO of United Company RUSAL, a Russian aluminium industry company...
, CompuLink to three investment funds, TV3 to Prof-Media
Interros
Interros is a Russian conglomerate controlled by Russian oligarch Vladimir Potanin with large stakes in mining, metals, energy, finance, retail, real estate and other sectors...
, and NTC
NTC
NTC may refer to:* National Transitional Council, the provisional authority of the Libyan Republic* National Transitional Council , a political body of the Republic of the Congo* National Textbook Company , US book-publishing firm...
to Bank Rossiya
Rossiya Bank
The Rossiya Bank is a Russian joint stock bank founded on June 27, 1990. The company's headquarters are based in St...
.
In March 2009 Mr Dmitriev became a member of the supervisory board of Prominvestbank, one of the major banking institutions in Ukraine.
From 2005-2006, he served as the Chairman of the Russian Venture Capital and Private Equity Association. Mr. Dmitriev has been selected as a Young Global Leader by the World Economic Forum
World Economic Forum
The World Economic Forum is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland....
in Davos
Davos
Davos is a municipality in the district of Prättigau/Davos in the canton of Graubünden, Switzerland. It has a permanent population of 11,248 . Davos is located on the Landwasser River, in the Swiss Alps, between the Plessur and Albula Range...
, and serves on the Advisory Board of Harvard Business Review
Harvard Business Review
Harvard Business Review is a general management magazine published since 1922 by Harvard Business School Publishing, owned by the Harvard Business School. A monthly research-based magazine written for business practitioners, it claims a high ranking business readership among academics, executives,...
, Russia.
Prior to joining Delta Private Equity in 2002, Mr. Dmitriev was Deputy General Director at Information Business Systems (IBS), the leading Russian IT services provider. He also worked as an investment banker with Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
in New York and as a consultant with McKinsey & Company
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
, Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
and Prague
Prague
Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...
.
Нe holds a BA in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
with Honors and Distinction from Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
and an MBA with High Distinction (Baker Scholar) from the Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.
2009 saw the foundation of Kirill Dmitriev's Social Initiatives Fund. Its goal is to support talented people and socially significant events in Russia and Ukraine. One of its projects is "One World Art", a charity concert held on December 7, 2010 at the Ukrainian National Philharmonic. The Moscow Virtuosi led by a living music legend Vladimir Spivakov performed with young talanted children from Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
and Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
. The event was attanded by political and business elites.
Five rules for survival
In November 2008 the leading Russian business daily VedomostiVedomosti
Vedomosti is a Russian language business daily. It is a joint venture between Dow Jones, the Financial Times and Sanoma, publishers of The Moscow Times....
(sister paper of the Financial Times and Wall Street Journal) published an essay by Mr Dmitriev’s headlined “Crisis: five rules for survival”,. In the article Kirill Dmitriev warned that the current crisis would be a prolonged one and suggested that the following rules should be followed to survive it:
- Don't cherish hopes for a quick recovery.
- Avoid dramatic growth in unemployment.
- Support private enterprise.
- Defending one's current positions is not enough, move forward onto new territory.
- Avoid open confrontation, use levers of influence.
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