October 01, 2016 7:57 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

Chief Executive Officer, Chairman, and Member of Executive Committee
Age: 56
President of CIC International
Chief Information Technology Officer, Head of Investment Operations, and Member of Executive Committee
Managing Director and Head of Special Investments
Managing Director, and Investment Manager
Compensation as of Fiscal Year 2016.

China Investment Corporation Key Developments

CIC To Sell Unit's Stake

China Investment Corporation (CIC) intends to sell its stake in Engie SA's exploration and production business. CIC is reviewing options for its 30% stake in the business. According to people familiar with the matter, in July, the unit was seen having a potential to fetch about $4 billion. CIC has reached out to banks to seek pitches for a strategic review of its stake in the Engie business, the people said. CIC, however, is unlikely to sell its holding, but is more lean towards increasing it, the people said, asking not to be identified because the information is private. The marketing materials to potential bidders have been sent, however, no formal bid has been received yet, people said.

Petrobras Reportedly seeks To Sell 90% Of Its Natural Gas Pipeline Unit

Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) reportedly plans to sell 90% of its natural gas pipeline unit to a group of investors led by Brookfield Asset Management Inc. for $5.2 billion. The investor group includes British Columbia's pension fund, China Investment Corporation and GIC Pte. Ltd. The preliminary agreement will be submitted to the companies Boards and the transaction is expected to close in late September, said the source. The investment banking unit of Banco Santander Brasil advised Petrobras on the deal.

China Investment Corporation Presents at 3rd Annual China Global Investment Forum, Sep-22-2016

China Investment Corporation Presents at 3rd Annual China Global Investment Forum, Sep-22-2016 . Venue: The Westin Financial Street, Beijing, China. Speakers: Wallace Yu, Head of Multi-Asset Group.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 31, 2016
Unity Technologies, Inc.
Merger/Acquisition
May 26, 2016
Shanduka Gold Proprietary Limited
Merger/Acquisition
May 11, 2016
Office Tower at 1 New York Plaza in the Financial District
 

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