Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Chinese private equity firms take market share, McKinsey says

Posted on 24 March 2011

The $300 billion CIC, the nation’s sovereign wealth fund, will seek more money from the government to expand investments, Executive Vice President Jesse Wang said Jan. 15. The 856.8 billion yuan ($131 billion) National Social Security Fund, whose assets grew 10 percent last year, will expand private equity investments that currently total 12.7 billion yuan, it said on Mar. 16.
With the exceptions of the State Administration of Foreign Exchange and China Investment Corp., other Chinese investors in private equity will likely focus on domestic funds in the next few years, making them the main beneficiaries of capital inflows, Roy said. ………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 15841 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031