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This week in asset owner history: CIC, Illinois Teachers active in Asia-West PE partnership

Shusi He
Back in 2014, China Investment Corporation had started expanding offshore private equity exposure, while the American pension fund actively sought Asia-based partners.
This week in asset owner history: CIC, Illinois Teachers active in Asia-West PE partnership

At a private equity and venture forum back in November 2014, China’s sovereign wealth fund - China Investment Corporation (CIC) - said it was willing to act as a bridge to connect Chinese companies with overseas investors, and foreign companies with opportunities in the mainland.

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