CIC Close to Selling $1 Billion in US Private Equity Stakes
China Investment Corp., the nation’s $1.3 trillion sovereign wealth fund, is close to finalizing the sale of about $1 billion in US private equity stakes following a temporary pause in...
By Echo Wong, Dingmin Zhang, Preeti Singh · Bloomberg
China Investment Corp., the nation’s $1.3 trillion sovereign wealth fund, is close to finalizing the sale of about $1 billion in US private equity stakes following a temporary pause in the deal, according to people familiar with the matter.