29.11.2011 - China expected to have investments in Africa private equity funds
Managing Director of Institutional Fundraising at the Citadel Capital Stephen Murphy said institutions like the China Investment Corporation (CIC) , a sovereign wealth fund and China Africa Development Fund, an eventual 5 billion dollar fund to encourage and support Chinese enterprises to invest in Africa should take opportunities to invest in Africa's private equity funds. Citadel Capital is expected to start talks with CIC next month with possibility of the fund investing in into the African private equity...............................................Full Article: Source
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