China’s NCSSF signs technology provider for alternatives
The social security fund selects eFront to provide automated support for its alternative investments, with its domestic PE portfolio tipped to become increasingly important in 2012.
China’s social security fund has signed a partnership deal with software provider eFront to manage its alternative investments more efficiently.
The National Council for Social Security Fund, which manages the nation’s Rmb850 billion ($135 billion) social security fund, selected eFront to provide automated support for its alternative investments.
Tarek Chouman, managing director for Asia and the Middle East at eFront, notes that its service will enable the NCSSF to screen funds …
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