Private equity firms in Greater China are exploiting the valuation differentials between China and markets such as the US, as well as between private and public markets.
Tag : cicc
Chinese asset managers are tipped for 20 new mandates under the national public pension fund reform which is set to be announced soon, while 30% of the investments are expected to be in equity assets.
China Investment Corporation CEO Ding Xuedong has taken on an additional role as head of investment bank CICC. The sovereign wealth fund says he will retain his current function.
A Korean activist hedge fund invested by CalPERS and run by Lazard has shut, as has an Asia long/short equity fund run by CICC.
The partnership will give the UK hedge fund an inroad to the China market, as CICC expands its alternatives range.
CICC Asset Management loses a senior investment pro to Manulife in Hong Kong.
Greater China hedge fund managers show ominous prescience as the raging yang of the market is replaced by negative yin.
China''s premier investment bank has just celebrated its 10th anniversary. CICC has come a long way in its short history but now faces huge competitive challenges.
Marshall Nicholson joins Macquarie as head of North Asia ECM.