Partnership | DSA x FT Professional - Leaderboard

China sovereign fund CIC to sell $1b of US private equity investments

China sovereign fund CIC to sell $1b of US private equity investments

FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo

Chinese sovereign investor China Investment Corporation (CIC) is selling about $1 billion of its private equity (PE) investment portfolio in the secondary market, two people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter