China wealth fund may put $1.2 billion into Apax fund: report
Posted on 12/03/2009
As part of the investment, CIC will buy a 2.3% stake in the private-equity group’s management company, Apax Partners Worldwide LLP, which is one of the largest of its kind in Europe, the Financial Times reported, without citing sources. The move shows China is still eager to invest abroad, even though it has been stymied […]
