China Private Equity Investment exits AIP Global to Capital VC
China Private Equity Investment Holdings (CPE) has agreed to sell its entire holding of 2.45% in AIP Global, a Hong Kong-based investment holding company that focuses on the financial sector, to Capital VC for HK$15 million ($19 million).
As the end of 2012, CPE's investment in AIP Global was worth $1 million, according to a regulatory filing. The proceeds from the disposal will be put towards follow on investments in other assets currently...
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