Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC, Blackstone buys Morgan Stanley Japan loan portfolio

Posted on 21 February 2011

From Reuters: China Investment Corp, the country’s $300 billion sovereign wealth management fund, has teamed up with private equity fund Blackstone Group LP to buy a Japanese loan portfolio from Morgan Stanley at a steep discount.
CIC and Blackstone paid 35 cents on the dollar for the portfolio, which had a face value of $1.1 billion, the newspaper reported, citing sources familiar with the matter, adding that CIC had put up most of the money……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15619 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031