China SWF Mulls LatAm PE Investment

China SWF Mulls LatAm PE Investment

Asia China Funds

Sovereign wealth fund China Investment Corporation (CIC) wants to boost exposure to LatAm, potentially via private equity. "For us Latin America is a very important region for investment," says CIC president and CIO Gao Xiqing. He adds that CIC wants to "increase the LatAm proportion of our portfolio to match the economic contribution of LatAm to the global economy." Noting the relative underdevelopment of LatAm public markets, Gao says that in order to achieve this increase in exposure, CIC was

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