| 28.09.2009 - China's sovereign fund to invest $1 bln in L.A. firm |
| From Marketwatch.com: China's sovereign-wealth fund, China Investment Corp., has committed to invest about $1 billion with Los Angeles-based Oaktree Capital Management LP, according to a media report Saturday. Oaktree is expected to invest CIC's money in distressed debt and other fixed-income assets, The Wall Street Journal reported in its online edition, citing unnamed sources.....................Full Article: Source |