Real Assets
Ping An Overseas Holdings Announces the Closing of Ping An Global Infrastructure Funds with $758 Million in Commitments HONG KONG, April 16, 2019-- China Ping An Insurance Overseas (Holdings) Limited, together with its subsidiaries ("PAOH"), the main overseas platform for direct investments and asset management of Ping An Insurance (Group) Company of China, Ltd. (2318.HK, 601318.SH), announced the closing of approximately US$758 million in capital commitments to its Ping An Global Infrastructure Funds. The Funds' investments will be focused on telecommunication, transportation, midstream, power, utilities and other infrastructure assets.