September 22, 2017 11:37 AM ET

Capital Markets

Company Overview of China Investment Corporation

Company Overview

China Investment Corporation is a sovereign wealth fund of the Government of China. The firm was established with the issuance of special bonds by the Ministry of Finance. It manages a part of the country’s foreign exchange reserves. The firm invests in the public equity, fixed income markets, and alternative assets in both developed and emerging markets. It seeks to make alternative investments in hedge funds, private equity, commodities, and real estates. The firm seeks to make fund of funds investments in private equity and hedge funds. It invests in consumer and industrial sectors. It also considers direct investments in logistics, healthcare and telecom. The firm invests in the recapita...

New Poly Plaza

1 Chaoyangmen Beidajie

Dongcheng District

Beijing,  100010

China

Founded in 2007

Phone:

86 10 8409 6277

Fax:

86 10 6408 6908

Key Executives for China Investment Corporation

President and Vice Chairman
President of CIC International
Chief Information Technology Officer and Head of Investment Operations
Managing Director and Head of Special Investments
Managing Director, and Investment Manager
Compensation as of Fiscal Year 2017.

China Investment Corporation Key Developments

China Life In Talks To Acquire Stake In Logicor from China Investment

China Life Insurance Co., Ltd. (TSEC : 2823) in talks with China Investment Corporation to acquire 5-10 percent stake in Logicor Europe Ltd. China Life is in advanced talks to buy between 5% and 10% of Logicor from its soon-to-be owner China Investment, deal would be worth between 612.5 million and 1.2 billion dependent upon the final stake sold.

China Investment Corporation To Bid For Blackstone Portfolio

China Investment Corporation is among the early parties seeking to buy regional and sub-regional shopping centres for $3.5 billion from The Blackstone Group L.P. (NYSE:BX). Bids on the 10-asset portfolio are expected at the end of this month, as revealed by Street Talk. Blackstone set the massive divestment in motion several months ago, with the appointment of investment banks UBS and JPMorgan, along with commercial agency JLL to broker a sale. The portfolio up for sale now includes those malls Blackstone acquired via the Vicinity transaction.

CIC Is Reported To Buy Blackstone’s Logicor

China Investment Corporation (CIC) is in pole position to buy Logicor Europe Ltd. from The Blackstone Group L.P. (NYSE:BX), in a deal that would value Logicor at more than €12 billion. CIC has moved ahead of rivals for Logicor, Mapletree Investments Pte Ltd., Temasek Capital Management Pte Ltd and Global Logistic Properties Limited (SGX:MC0). Blackstone and advisor Eastdil Secured have been pushing the sales process ahead aggressively over the past few weeks building strong competitive tension with formal bids submitted on May 25, 2017. Temasek and Mapletree are still interested in Logicor and are willing and able to undertake the transaction should a deal with CIC falter. GLP submitted a bid for Logicor but uncertainty over its own corporate future is understood to have hampered its ambitions. Cushman & Wakefield and KPMG are advising CIC. JLL and EY are advising Mapletree and Temasek. CBRE is advising GLP. Eastdil Secured is advising Blackstone on the trade sale; Goldman Sachs, Bank of America Merrill Lynch, Citi and Morgan Stanley were advising on the prospective IPO while PwC and Deloitte have also been involved in administering the disposal.

Similar Private Companies By Industry

Company Name Region
5V Inc. Asia
86Research Limited Asia
Aerospace Securities Co., Ltd. Asia
AHCOF Futures Co., Ltd. Asia
ALC Advisors, Inc. Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 3, 2017
Shanghai Gangfu E-Commerce Co., Ltd.
Merger/Acquisition
June 2, 2017
Logicor Europe Ltd.
Merger/Acquisition
June 1, 2017
Eurasia Drilling Company Limited
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact China Investment Corporation, please visit www.china-inv.cn. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.