|
BIZCHINA> Center
![]() |
|
Related
CITIC Capital eyes private equity fund
(Agencies)
Updated: 2008-08-27 17:32 CITIC Capital, an investment arm of China's largest financial conglomerate CITIC Group, is in talks with the country's national pension fund to launch a yuan-denominated private equity fund, sources familiar with the situation said on Tuesday. The National Social Security Fund (NSSF) is expected to invest at least 1 billion yuan ($146 million) in the new fund, said the sources, who declined to be identified. CITIC Capital will manage the fund, which along with any investment by NSSF will be subject to government approvals, the sources said. CITIC Group will also invest at least 1 billion yuan in the fund, which is raising additional money from other domestic investors including major state-owned enterprises, said the sources. Officials at CITIC Capital declined to comment, while a representative for NSSF could not be immediately reached for comment. (For more biz stories, please visit Industries)
|
安顺市| 修水县| 栖霞市| 安丘市| 读书| 清苑县| 定襄县| 静乐县| 手游| 右玉县| 郎溪县| 雷山县| 定州市| 平度市| 九龙城区| 石楼县| 金门县| 东山县| 遂平县| 云龙县| 祁门县| 万宁市| 德安县| 永春县| 剑阁县| 抚松县| 珠海市| 龙里县| 花莲县| 孝感市| 海门市| 吴江市| 肃宁县| 定安县| 定南县| 临洮县| 东宁县| 富阳市| 静安区| 陇川县| 祁连县|