China’s SAFE Commits 500 Million to Real Estate Fund

Low-yielding U.S. treasuries have forced reserve managers in China and other surplus rich nations to look at other assets, in some cases real assets. China’s State Administration of Foreign Exchange (SAFE) continues to look at ways to increase the diversification of their US$ 3.2 trillion in foreign exchange reserves. The SAFE Investment Company has committed US$ 500 million to a real estate private equity fund managed by the Blackstone Group LP. The fund is Blackstone’s Real Estate Partners VII fund. The sixth fund in the series invested the majority of committed capital into institutional real estate in the United States such as General Growth Properties Inc. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute

institutional investor investment mandates