China's National Social Security Fund Looks at PE Investment
Filed in archive Private Equity on May 7, 2008
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."

© jurvetson
Tags: China National Social Security Fund NSSF PE Private Equity china national+social
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