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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Mulligan, please: Measuring China’s relationship with Blackstone

Posted on 24 June 2009

From WSJ: China Investment Corp. is handing over an additional $500 million to be managed by a Blackstone hedge-fund unit, thinking it has found a good bargain.

Just think if China had passed on its previous $3 billion investment in Blackstone before it went public in June 2007. That deal gave it 10% of the firm. But what if CIC had instead invested in its old standby: U.S. Treasury bonds?……Full Article: Source


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VRS - who has written 15247 posts on Opalesque Sovereign Wealth Funds Briefing.


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