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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Asia hedge fund PCA Investments has shut down

Posted on 27 January 2014

A hedge fund with financial backing almost entirely from China’s giant sovereign-wealth fund closed down last week less than three years after it was launched, according to people familiar with the matter.
PCA Investments was formed in 2011 and attracted notice for the involvement of China Investment Corp., the country’s $575 billion sovereign-wealth fund, which is tasked with investing part of China’s vast foreign-exchange reserves………………………………………..Full Article: Source


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