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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

C.I.C. approved to buy stake in Apax Partners

Posted on 05 February 2010

From Nytimes.com: The China Investment Corporation, the sovereign wealth fund that is investing some of the country’s huge foreign currency reserves, has won approval from a British regulator to buy a stake in the private equity firm Apax Partners, an Apax spokesman said Thursday.

The Financial Services Authority approved the sale of the stake last week, the Apax spokesman, Ben Harding, said………………………………..Full Article: Source

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