China Investment Corp (CIC) is exploring fresh allocations to US-based private equity managers, signalling a potential shift in capital flows after a recent pullback from the market, according to a report by Bloomberg.
The $1.6tn sovereign wealth fund has held discussions in recent weeks with firms including Blackstone and TPG, according to people familiar with the matter. While talks remain ongoing, there is no certainty that commitments will be made or that any capital would be deployed direct...
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