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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

CIC sees opportunity for private equity investment

Posted on 12 March 2010

From Businessweek.com: China’s $300 billion sovereign wealth fund sees a “good opportunity” to boost private-equity investments this year, as companies are undervalued after losses from the global financial crisis.

“A lot of companies’ valuations are relatively low currently, and investors of many private-equity funds don’t have money to invest,” China Investment Corp. Executive Vice President Jesse Wang said in an interview with the official Xinhua News Agency today that was broadcast online……………………….Full Article: Source


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