China Tells

China Investment Corp has hired three companies, including Goldman Sachs, Lexington Partners, and Pantheon Ventures to find good opportunities in private equity markets (See Article from WSJ). Each of the three firms will be given USD 500 Million to manage, creating a natural competition in between. This is a latest step of CIC to diversify its USD 300 Billion Asset after the recent investment in Apax, A British Private Equity Fund (See Article from Chinatells).

中投公司最近宣布，聘用三家私募基金，GS, Lexington和Pantheon来管理其一部分资金。三家公司每家被给与5亿美元在私募基金市场兴风作浪。若干年之后又回过头来看看他们的业绩可能会得出有趣的结论。