03.05.2012 - Belgian, Chinese sovereign funds launch growth fund
The Belgian and Chinese sovereign wealth funds on Wednesday, May 2, became the founding investors in a private equity growth fund aimed at backing European companies with expansion plans for China. In a signing ceremony attended by Chinese Vice Premier Li Keqiang and Belgian Prime Minister Elio di Rupo, China Investment Corp. and Belgium's Federal Holding and Investment Co., SPIF/FPIM, announced investments in A Capital China Outbound, a Luxembourg growth capital fund with a soft target of 250 million ($329 million) and a hard cap of 500 million...............................................Full Article: Source
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