| A unit of Qatar's sovereign wealth fund has bought a 22 percent stake in CITIC Capital Holdings, linking one of the Middle East's most powerful investors with one of China's top investment funds.
While the sum Qatar is paying for the stake is likely in the tens of millions of dollars, the partnership could have a big impact globally, given the hundreds of billions of dollars in cash each fund has access to. CITIC manages $4.6 billion, but is partly owned by CIC, China's own sovereign wealth fund, which manages $482 billion...............................................Full Article: Source
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