Updated:
Rusnano
Rusnano is a Moscow-based company founded in 2011. It invests in nanotechnology and develops the nanoindustry sector. Rusnano facilitates nanotechnology...
Rusnano
Rusnano is a Moscow-based company founded in 2011. It invests in nanotechnology and develops the nanoindustry sector. Rusnano facilitates nanotechnology production processes and advances related technological expertise, with 47 investments and 17 portfolio exits.
General information
Firm type
Corporate Investor
Year founded
2007
AUM
Undisclosed
Location
Region
Europe
Country
Russia
City
Moscow
Corporate office
10A, Prospekt 60-letia Oktyabrya, Moscow, 117292, Russia
Additional offices
Menlo Park, CA, United States
Principals
Sergey Kulikov
CEO
Anatoly Chubais
Former Chairman and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Rusnano?
Sergey Kulikov has served as CEO since December 2020, succeeding Anatoly Chubais. The management board operates under a supervisory board chaired by Russian government officials. Investment committees follow a state-corporation governance model rather than the independent investment committee structure typical in private family offices.
How is Rusnano funded?
Rusnano was initially capitalized through direct state budget allocations from the Russian Federation, which remains its 100% shareholder. The firm has also issued bonds and taken loans from Russian state banks including Gazprombank. It does not raise third-party capital from institutional LPs.
Does Rusnano invest outside Russia?
Historically yes — the firm maintained a US office in Menlo Park, California, and held portfolio positions in European renewable energy developers including Fortum's wind funds and FRV. Since 2022, international investment activity has been suspended due to sanctions and capital controls.
What is the relationship between Rusnano and the Russian government?
JSC Rusnano is 100% owned by the Government of the Russian Federation. Its CEO is appointed by the state, and its strategic priorities align with federal industrial policy objectives. The firm functions as a hybrid between a sovereign wealth fund and a state industrial development agency.
What happens to Rusnano's portfolio in the event of restructuring?
In 2022, the Russian government signaled that certain Rusnano liabilities would be absorbed by the state and that viable portfolio companies might be transferred to other development institutions or state-owned enterprises. The process remains ongoing and opaque by Western standards.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: