Kirill Dmitriev

Kirill Dmitriev
Born 1975
Education BA in Economics from Stanford
MBA from Harvard (Baker Scholar)
Alma mater Stanford University, Harvard Business School
Occupation CEO
Employer Russian Direct Investment Fund

Kirill Dmitriev (born 1975) 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.[1]

Mr. Dmitriev completed a number of investments and exits including the sale of DeltaBank to General Electric,[2] DeltaCredit Bank to Société Générale,[3] 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,[4] 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.

Five rules for survival

In November 2008 the leading Russian business daily Vedomosti (sister paper of the Financial Times and Wall Street Journal) published an essay by Mr Dmitriev’s headlined “Crisis: five rules for survival”,.[5] 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:

  1. Don't cherish hopes for a quick recovery.
  2. Avoid dramatic growth in unemployment.
  3. Support private enterprise.
  4. Defending one's current positions is not enough, move forward onto new territory.
  5. Avoid open confrontation, use levers of influence.

References

  1. ^ "U.S. POLICY TOWARD RUSSIA - PATRICIA M. CLOHERTY", Congressional Testimony by Federal Document Clearing House (Washington D.C.: Congressional Quarterly, Inc.), 2005-06-21, http://www.highbeam.com/doc/1P1-110248492.html 
  2. ^ Roberts, Dan; Ostrovsky, Arkady (2004-08-12), "GE unit in deal to buy Russian bank", Financial Times, http://www.ft.com/cms/s/0/ff08f6a2-ebfc-11d8-82f7-00000e2511c8.html?nclick_check=1 
  3. ^ "Societe Generale Will Buy Russian Lender", The Wall Street Journal: M4, 2005-08-15 
  4. ^ Kreutzer, Laura (2009-03-17), "PE’s Young Turks Rub Elbows With Tiger Woods", The Wall Street Journal, http://blogs.wsj.com/privateequity/2009/03/17/pes-young-turks-rub-elbows-with-tiger-woods/ 
  5. ^ Dmitriev, Kirill (2008-11-27), "Crisis: five rules for survival", Vedomosti (Russian affiliate of Financial Times and Wall Street Journal), http://www.iconpe.com/index.php?id=pressa_eng&desc=110 

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