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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Investment

CIC’s Xie says China’s private equity to take ‘different path’

Posted on 31 December 2010

From Bloomberg: China’s private equity industry is “unique” because it’s dominated by the state and will follow a “different path” from overseas peers, said Xie Ping, a vice president at the nation’s $300 billion sovereign wealth fund.
Entities that manage private equity in China and those that invest in such funds are primarily state-owned institutions, China Investment Corp.’s Xie said today at an event held by China Development Bank Corp. in Beijing. The briefing was organized by the nation’s largest policy bank for its introduction of a fund that will invest in private equity……………………………………….Full Article: Source


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