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Goldman Selling Half Its Shineway Group Stake

Posted on: November 4, 2009 by PEHub AdministratorNo Comments »

HONG KONG (Reuters) – Goldman Sachs (GS.N) has agreed to sell half of its holding in Shineway Group, China’s top meat processor, to a Chinese fund for about $150 million, earning roughly five times its investment from the landmark 2006 deal, sources with direct knowledge of the matter said on Wednesday. The acquisition attracted wide [...]

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China’s CDH Raising $1.4 Billion PE Fund

Posted on: September 22, 2009 by No Comments »

HONG KONG(Reuters) – CDH Investments, backed by Singapore’s sovereign fund and the World Bank, is raising a $1.4 billion private equity fund, its fourth fund targetting growth-stage companies in China, a source said on Tuesday. CDH, established in 2002 as a spin-off from China International Capital Corp, the investment banking joint venture one-third owned by [...]

NSSF Seeking Approval For Billions Worth of PE Investments

Posted on: May 19, 2009 by PEHub Administrator1 Comment »

(Reuters) – China’s national pension fund, the National Social Security Fund (NSSF), is seeking cabinet approval to invest billions of dollars in foreign private equity funds this year, sources told Reuters on Monday. The NSSF is working on a formal proposal with China’s finance ministry and the Ministry of Human Resources and Social Security, which [...]