October 26, 2014 4:48 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 also considers direct investments in logistics, healthcare and telecom. The firm invests in the recapitalization of domestic financial institutions. It...

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
Age: 54
Managing Director and Head of the Private Equity
President of CIC International
Chief Information Technology Officer
Managing Director and Head of Special Investments
Compensation as of Fiscal Year 2014.

China Investment Corporation Key Developments

CIC And AVIC Ends Talks To Acquire Avolon

China Investment Corporation (CIC) and AVIC Capital Co., Ltd. (SHSE:600705) have ended talks to acquire Avolon Holdings Limited, according to people familiar with the matter. CIC and AVIC were in talks to acquire Avolon for between $4 billion-$5 billion, Reuters reported in August 2014.

China Investment Reportedly To Reduce Shareholding In Noble Group

China Investment Corporation reportedly is planning to sell off partial stake in Noble Group Limited (SGX:N21). China Investment Corporation will sell off 300 million shares held in Noble Group for SGD 1.32 to SGD 1.35 per share, reducing its shareholding to 10%.

CIC And Aviation Industry Reportedly in talks Avolon Aerospace

China Investment Corporation and Aviation Industry Corporation of China are in talks to buy Avolon Aerospace Leasing Limited for $4 billion to $5 billion including debt in a deal which is still months away, Reuters reported citing people familiar with the matter. Avolon Aerospace Leasing Limitedis backed by private equity firms Cinven Limited, CVC Capital Partners Limited, Oak Hill Capital Partners, as well as GIC Private Limited. Morgan Stanley and JPMorgan Chase & Co. are believed to be acting as financial advisors to the vendors. Representatives for China Investment Corporation and Aviation Industry Corporation of China could not be immediately reached for comment. Avolon Aerospace Leasing Limited, Cinven Limited and Oak Hill Capital Partners did not respond to requests for comment. CVC Capital Partners Limited declined to comment.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 7, 2014
LLC Rubicon
Merger/Acquisition
September 9, 2014
OJSC Detsky Mir Group
Fund Raising
April 1, 2014
A Capital Technology Fund
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact China Investment Corporation, please visit www.china-inv.cn. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.