Mon, May 17, 2021
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

CITIC wins cornerstone investor for China second-city strategy

Posted on 24 November 2011

CITIC Capital, the Hong Kong-based fund manager part-owned by China’s sovereign wealth fund, has confirmed the Townsend Group as a cornerstone investor for the $225m (€170m) first closing of its China Retail Properties Investment Fund.
In an email, Stanley Ching, head of CITIC Capital’s retail group, said: “It was very important [to have a cornerstone investor], particularly one representing many pension funds’ interests………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
May 2021
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31