China Sovereign Wealth Fund and Goldman Sachs Partnership Navigates Tricky Cross-Border World

Posted on 09/23/2019


China Investment Corporation (CIC), China’s sovereign wealth fund, formed an alliance with Goldman Sachs to form the China-U.S. Industrial Cooperation Partnership, L.P. in 2017. CIC had been investing in the U.S. for ten years prior to the partnership in various ways including private equity funds. The goal of the US$ 3 billion fund (which has […]