NSSF to invest billions in China PE
In a bid to boost returns, China's national pensions body is ramping up domestic PE investment, with nearly $5 billion to be allocated this year.
China’s national pension fund aims to allocate Rmb30 billion ($4.7 billion) to domestic private equity funds this year, with the sum to rise to Rmb50 billion by 2015 as it seeks to boost returns.
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