| 01.12.2009 Opalesque Exclusive: China’ SWF to launch subsidiary investment fund with Blackstone, JV with Italy |
| From Christine Gaylican, Opalesque Asia: China Investment Corp (CIC), the state-owned wealth fund that has $8bn worth of shares in alternative investments and finance companies, has plans to set up a fund management company in the Pudong New District, Shanghai, China, reports said. CIC, which has $3bn worth of shares in Blackstone Group and $5bn in Morgan Stanley, will launch the fun |
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