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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Investment

China Investment Corp Sets Up Joint Fund For Overseas Investments

Posted on 17 November 2016

China’s sovereign-wealth fund China Investment Corporation (CIC) has teamed up with a French public sector financial institution to jointly tap overseas investment opportunities, with a focus on real estate and infrastructure, according to an announcement.
CIC Capital, the direct investment arm of the US$810 billion-under-management state wealth manager, signed an agreement with Caisse des Dépôts International Capital, a subsidiary of State-owned Caisse des Dépôts Group, to set up a fund for cooperation while investing in third-party markets…………………………………….Full Article: Source


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