💰SWF – Sovereign Wealth Fund
CIC Ends Major Blackstone Position
The China Investment Corporation (CIC) ended its major stake in the Blackstone Group. Most of CIC’s position in Blackstone was sold in pieces before 2017. CIC acquired a 9.9% stake in Blackstone in 2007 for US$ 3 billion. SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/cic-ends-major-blackstone-position/