# Rusnano

Rusnano is a Corporate Investor based in Moscow, Russia.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Moscow, Russia
- **Region:** Europe
- **Address:** 10A, Prospekt 60-letia Oktyabrya, Moscow, 117292, Russia
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** rusnano.com
- **LinkedIn:** https://www.linkedin.com/company/rusnano-capital-llc

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Energy Transition & Renewables
- Industrial Tech
- Healthcare Services
- Real Estate

## Offices

- Menlo Park, CA, United States

## People

- Sergey Kulikov — CEO
- Anatoly Chubais — Former Chairman and CEO

## 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.

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- [Rush University Medical Center Retirement Plan](https://altss.com/profile/rush-university-medical-center-retirement-plan)
- [Russell Investments Master Trust](https://altss.com/profile/russell-investments-master-trust)

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Last updated: 2026-06-03T20:00:00.000Z

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