China’s ASEAN Investment Fund Seeks to Raise $3 Billion

Posted on 01/24/2018


The China-ASEAN Investment Cooperation Fund (CAF) – a dollar-denominated private equity fund formed under direction of China’s State Council in 2010 that targets investments in infrastructure, energy, and natural resources in Southeast Asia – has reportedly begun reaching out to prospective investors for phase two funding. With the US$ 1 billion it received in starting […]