| From Reuters: China Investment Corp, the country's $300 billion sovereign wealth management fund, has teamed up with private equity fund Blackstone Group LP to buy a Japanese loan portfolio from Morgan Stanley at a steep discount.
CIC and Blackstone paid 35 cents on the dollar for the portfolio, which had a face value of $1.1 billion, the newspaper reported, citing sources familiar with the matter, adding that CIC had put up most of the money..............................................Full Article: Source
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