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Sovereign Wealth Funds Briefing - Categorized | Investment

CIC, TPG, GIC to invest in Indonesian coal firm

Posted on 31 December 2010

From China Knowledge: A consortium consisting of China Investment Corp, the country’s US$300-billion sovereign wealth fund, private equity fund TPG and the Government of Singapore Investment Corp will invest in Indonesia-based coal service and mining firm PT Delta Dunia Markmur Tbk.
PT Delta Dunia Makmur did not indicate the financial details in the statement. The deal is expected to be CIC’s first investment in Indonesia……………………………………….Full Article: Source


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