Buying In: CIC Invests in Apax Partners
Posted on 02/04/2010
The massive China Investment Corporation (CIC), one of China’s major sovereign wealth funds, has concluded a US$ 956 million investment transaction with private equity firm Apax Partners LLP. Founded in 1969, the founders are Alan Patricof and Ronald Cohen. The CIC is planning to invest the large amount of capital into Apax’s 11.2 billion EUR […]
- Alternatives
- Apax Partners
- Blackstone Group
- China
- China Investment Corporation
- Deals
- Enel Green Power
- London
- Private Equity
