The fund was established in 2012 by two government-backed investment vehicles and seeks to invest in infrastructure, tourism, agriculture, mining, telecommunications, healthcare, oil and gas, energy, manufacturing, and service sectors. At least 70% of its capital is invested in Russia and CIS countries, with up to 30% in China. The fund's management team consists of experienced investment professionals with expertise in the Russian and Chinese markets. The fund aims to generate competitive returns and has received commitments from international institutional investors.