China Investment Corporation related stories
All articles and analysis
Star playersWe present a quick guide to the firms – and the private equity stars behind them – making waves in the Chinese private equity industry.
- Global ambition
China’s CIC is ramping up its foreign private equity investments, while the country’s other LPs, including the NSSF, remain stuck at home.
- Report: CIC invests $1.5bn in secondary market
The Chinese sovereign wealth fund is reportedly investing $500m each in custom accounts with secondaries players Lexington Partners, Goldman Sachs and Pantheon Ventures.
- CIC invests HK$5.5bn in Chinese energy company
The investment gives the China's sovereign wealth fund a stake of 20% in Hong Kong-listed GCL-Poly.
- Private equity in China: alternative no more
If recent developments in China are anything to go by, the asset class is bedding in nicely.
- CIC to make $260m China debut with CITIC Capital
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
- CIC commits $800m to MSREF VII Global
The Chinese sovereign wealth fund has committed to the bank's latest global property fund, according to reports. Morgan Stanley Real Estate Fund VII Global is likely to close at $6bn, not its original $10bn target.
- CIC to acquire 40% stake in CITIC Capital
The sovereign fund, which already owns a portion of Blackstone's management company, will reportedly pay $258m for new shares in the Hong Kong-based alternative investment firm.
- CIC builds team
China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, some of which were just created in April.
- CIC restructures
China’s $200bn sovereign wealth fund has reportedly set up a new private equity department and appointed Hu Bing as its new head.