Reuters is reporting that China's national pension fund, the National Social Security Fund, is looking to invest up to 10% of its assets in private equity.

The fund is worth about $74 billion. So the move could eventually give the private equity industry in China a boost of over $7 billion.

The Reuters piece pointed out that the NSSF has already dabbled some in private equity. "It has already ploughed money into some government-backed private equity funds, including the Bohai Industrial Investment Fund based in the eastern port city of Tianjin."


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