Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Private Equity

China Should Follow Saudi Arabia By Setting Up Joint Funds For US Infrastructure Investment

by chinamoneynetwork.com posted 1year ago 416 views
The Public Investment Fund (PIF) of Saudi Arabia teamed up with U.S. private equity giant Blackstone Group yesterday to launch a new investment vehicle dedicated to infrastructure development, primarily in the U.S. Anchored by a US$20 billion contribution by PIF, the two plan to raise another US$20 billion from other investors and leverage up their dry powder to US$100 billion.