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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Blackstone is back in favor with China SWF

Posted on 26 June 2009

From Seekingalpha.com: The Blackstone Group, LP received an important endorsement on Friday which could go a long way towards building confidence with investors and partners.
According to Reuters, the China sovereign wealth fund China Investment Corp (CIC) plans to invest $500 million in one of Blackstone’s hedge fund units……..Full Article: Source


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