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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC primed to become investor in Apax Partners

Posted on 04 December 2009

From Chinaeconomicreview.com: China Investment Corp (CIC), the country’s sovereign wealth fund, is poised to become a key investor in private equity firm Apax Partners, Reuters reported, citing a source familiar with the situation.
A deal currently under discussion would give investors in Apax’s latest buyout fund the option of transferring up to US$1.2 billion of commitments to CIC……………………………Full Article: Source


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