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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bank of China may delay Rothschild deal until 2009

Posted on 12 December 2008

From Bloomberg: China Investment Corp., the nation’s $200 billion sovereign wealth fund, paid $5 billion last year for 9.9 percent of Morgan Stanley and invested $3 billion in Blackstone, the world’s largest private-equity firm.

Both New York-based companies have lost more than two-thirds of their market value since the investments were made…. Full Article: Source


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