China-Middle East investment opportunities in sights as CIC teams up with Partners Group

Quick Summary:

The Swiss private equity firm is working with China Investment Corp and other sovereign funds as investment flows grow between China and the Middle East.

Partners Group, which has around US$150 billion of assets under management, is eyeing the opportunities brought by warming ties between the two regions.

CIC set up a US$1 billion fund earlier this year to invest in companies in the Gulf Cooperation Council (GCC), with the aim of eventually bringing them to the mainland China market.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongBahrainChinaKuwaitOmanQatarSaudi ArabiaUnited Arab Emirates

Topics: China Private Middle Wealth Firm Funds Assets Group Partners Sovereign Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 08:30:09 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 674 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21451348

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