CIC

CIC states US public position

The PRC’s $300 billion SWF giant the China Investment Corporation (CIC) has disclosed its $9.63 billion of public markets positions in US businesses through a filing with the US Securities and Exchange Commission, while reiterating its preference to...

CIC enters Apax's "closed" Europe VII fund

China Investment Corporation (CIC), China's $300 billion sovereign wealth fund, has reportedly invested €685 million ($952 million) in Apax Partners' Apax Europe VII, a €11.2 billion ($15.5 billion) buyout fund that was ostensibly no longer open to...

Bain, KKR, TPG may get CICC from MS

Bain Capital, Kohlberg Kravis Roberts & Co. and TPG Capital are reportedly on the shortlist for the final round of bidding for Morgan Stanley’s $1 billion+ stake in PRC investment bank China International Capital Corp. (CICC).