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Sovereign Wealth Funds Briefing - Categorized | Investment

China’s SWF investing $956 mln with UK private equity firm Apax

Posted on 04 February 2010

From Canadianbusiness.com: China’s main sovereign wealth fund has agreed to invest $956 million with British private equity fund Apax Partners LLP and might buy a stake in the company, a newspaper reported Thursday.

The China Investment Corp.’s investment in a 11.2 billion euro ($15.5 billion) fund has received British regulatory approval, the China Daily said, citing sources close to the fund. It said the deal also might include CIC buying 2.2 per cent of Apax……………………………………Full Article: Source

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