Global asset manager BlackRock Investment Management has purchased an undisclosed number of shares in the Moscow Exchange MICEX-RTS from the Russian Direct Investment Fund (RDIF), the US$10 billion sovereign private equity fund sponsored by the Russian government to co-invest with international investors. BlackRock joins the RDIF, the European Bank for Reconstruction and Development (EBRD) and U.S.-based private equity firm Cartesian Capital as shareholders in the Moscow Exchange. Financial terms of the transaction were not disclosed.