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China Wealth Fund Backs TPG Lender As Part Of US Property Push

by straitstimes.com posted 1year ago 506 views
July 25, 2017 5:33 PMBEIJING (BLOOMBERG) - China Investment Corp, the sovereign wealth fund that controls US$814 billion (S$1.1 billion) in assets, is betting on US real estate by investing in a commercial real estate lender formed by the money management firm TPG.