China’s NSSF lines up PE fund portfolio

Oct 25, 2016

The $276 billion state retirement fund will hire China Everbright Limited for the new mandate as part of its push into direct equity and private equity investments.

China’s National Social Security Fund is setting up a separately managed fund-of-funds (FoF) portfolio with investment firm China Everbright Limited (CEL), which will invest into the latter's products.

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