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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Belgian, Chinese sovereign funds launch growth fund

Posted on 03 May 2012

The Belgian and Chinese sovereign wealth funds on Wednesday, May 2, became the founding investors in a private equity growth fund aimed at backing European companies with expansion plans for China.
In a signing ceremony attended by Chinese Vice Premier Li Keqiang and Belgian Prime Minister Elio di Rupo, China Investment Corp. and Belgium’s Federal Holding and Investment Co., SPIF/FPIM, announced investments in A Capital China Outbound, a Luxembourg growth capital fund with a soft target of €250 million ($329 million) and a hard cap of €500 million………………………………………..Full Article: Source


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