Sovereign Wealth Funds and Institutional Investors Lock into Cinda’s IPO
Posted on 11/24/2013
Norges Bank Investment Management manages Norway’s massive pool of sovereign wealth. Pivoting toward China, they are joining a group of cornerstone investors committing to purchase US$ 1.1 billion in China Cinda Asset Management Co. as part of its Hong Kong initial public offering (IPO). These cornerstone investors would total 45% of the IPO. Typically, cornerstone […]
- Abu Dhabi Investment Authority
- Alternatives
- China
- Cinda
- Goldman Sachs
- Hedge Funds
- Morgan Stanley
- Norway Government Pension Fund Global
- UBS
