| Sovereign wealth fund China Investment Corporation (CIC) has appointed Xiao Qing Bai as its next global head of real estate. In a departure from previous appointments to the role she will also continue in her previous role as head of private equity for North America.
PERE understands that, as a consequence of fulfilling the two roles concurrently, the day-to-day running of CIC’s real estate division is to fall to long-term CIC real estate executive Cai Zhi Wei. Bai is understood to report to global head of private equity, Ludwig He...............................................Full Article: Source
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