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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC invests in Apax

Posted on 03 February 2010

From Efinancialcareers.hk: China Investment Corp has invested €685m into Apax Partners’ €11.2bn fund in a groundbreaking deal that could tempt other private equity groups to solicit the financial support of the Chinese sovereign wealth fund.
The move, which would also see CIC acquire a small stake in the management company of one of Europe’s biggest private equity funds, shows China is still eager to invest abroad in spite of being burned in the past……………………………………Full Article: Source

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