14.11.2014 - CIC, Illinois Teachers eye cross-border deals
China Investment Corporation (CIC) and Illinois Teachers's Retirement System have been talking up the benefits of private equity investors and managers collaborating on cross-border deals. China's sovereign wealth fund said it was keen on facilitating European deals, while the $46 billion US state pension spoke about its recently agreed partnership with a PE fund-of-funds manager and the types of tie-ups it was seeing. CIC's head of private equity, He Linbo, said the sovereign wealth fund is willing to act as a bridge to connect both Chinese companies with overseas investors, and foreign companies with opportunities in the mainland.........................................Full Article: Source
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