Showing posts with label China Investment Corp.. Show all posts
Showing posts with label China Investment Corp.. Show all posts

Wednesday, March 19, 2014

Temasek Shows More Committed Than Peers With Olam Offer

Temasek Holdings Pte unit’s offer to take over Olam International Ltd. (OLAM) shows Singapore’s investment firm is more active compared with other state-owned investors, according to the Sovereign Investment Lab.

Thursday, January 16, 2014

Abu Dhabi Fund Said to Buy Time Warner Building With GIC

Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, is investing alongside Singapore’s state fund GIC Pte in the headquarters of Time Warner Inc. (TWX) in New York City, according to a person with direct knowledge of the transaction.

Thursday, November 14, 2013

Singapore-based GIC said to invest in Time Warner Center

(Bloomberg) -- GIC Pte, Singapore's sovereign wealth fund, is part of a group that is buying the headquarters of Time Warner Inc. in New York City, according to one person with direct knowledge of the transaction.

Saturday, June 8, 2013

China Sovereign Fund President Says It’s Met State Expectations

China Investment Corp., the nation’s $482 billion sovereign wealth fund, has met the government’s expectations by delivering 5 percent annualized returns in the five years since its creation, the official Xinhua News Agency reported, citing the fund’s president.

Monday, December 3, 2012

Norway Wealth Fund to Spend $11B Adding U.S. Real Estate

Norway’s $660 billion sovereign wealth fund, the world’s largest, plans to invest about $11 billion as it enters the U.S. real estate market.

Thursday, August 23, 2012

Qatar Wealth Fund Buys 22% of Chinese Private Equity Firm

Qatar Holding LLC, the investment arm of the nation’s sovereign-wealth fund, bought a 22 percent stake in Chinese private equity firm Citic Capital Holdings Ltd. as the country accelerates spending on overseas acquisitions.

Friday, July 27, 2012

China’s CIC Has Worst Overseas Performance in 2011 Amid Slowdown

China’s sovereign wealth fund posted a 4.3 percent loss on its overseas investments last year as declines in global commodity prices roiled the value of its resources-heavy portfoli.

Monday, December 26, 2011

Exclusive: China's CIC to get $50 billion boost

BEIJING (Reuters) - China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.

Wednesday, August 10, 2011

GDF Suez Nears $4 Billion Deal With Chinese Sovereign Wealth Fund

PARIS — The French utility GDF Suez and China’s sovereign wealth fund said Wednesday that they were in exclusive talks to seal a $4 billion alliance that would help GDF finance its expansion in Asia and offer Beijing access to new energy resources.

GDF outlined the details of the partnership, its second large deal in a year, after the purchase of 70 percent of International Power, as it reported earnings for the first half of 2011 that beat forecasts.

Saturday, July 30, 2011

CIC Risk Plays Increase Returns

BEIJING—China Investment Corp. said it earned an 11.7% return on its overseas portfolio last year, boosting its assets to $409.6 billion, as the Chinese sovereign-wealth fund deployed almost all of its capital and accelerated investments into higher-risk assets.

CIC's annual report, published Tuesday, highlighted the fund's increasingly aggressive allocation, with more of the portfolio in so-called alternative investments, which include private equity, real estate and infrastructure.

Saturday, April 16, 2011

CIC Eyes Europe Opportunities

China Investment Corp. is looking for investment opportunities in Europe, though the head of China's $300 billion sovereign-wealth fund is cautious about the continent's economy.

Economic growth in European countries is slowing because of the euro-zone sovereign debt crisis, said CIC Chairman Lou Jiwei on Saturday, noting exports to emerging markets play a key role in driving Europe's economy.