Wealth Funds Back Irish Mezzanine Fund
The China Investment Corporation (CIC), a massive sovereign wealth fund, is seeking yield on the Emerald Isle – partnering with on-the-ground private equity real estate experts and government institutional funds. The CIC is investing in a commercial property debt fund being co-managed by private equity firm WL Ross & Co. and Dublin-based Cardinal Capital Group. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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