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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC may invest 800 mln Euros in Apax buyout fund

Posted on 03 December 2009

From Bloomberg: China Investment Corp., the country’s sovereign wealth fund, is offering to invest as much as 800 million euros ($1.2 billion) into a private-equity fund run by London-based Apax Partners LLP, the Financial Times reported.

CIC also may purchase a 2.3 percent stake in Apax Partners Worldwide LLP, the private-equity group’s management company, according to the report, which didn’t say where it got the information……………………………Full Article: Source

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