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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

CITIC Capital raises 2nd China buyout fund, $925 mln

Posted on 08 February 2010

From Reuters: The closing size was bigger than the firm’s original target of $750 million and the fund, named CITIC Capital China Partners II, will target buyout and privatisation investments in Chinese companies driven by domestic economic growth, particularly in the consumer products and manufacturing sectors.
CITIC Capital is owned by China Investment Corp, China’s sovereign wealth fund, CITIC International Financial Holdings Limited and CITIC Pacific Ltd………………………………..Full Article: Source


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