CIC LIKELY LOOKING INTO LONG-TERM INVESTMENT OPPORTUNITY IN THE U.S

Highlights –

• CIC likely looking into long-term investment opportunity in the U.S.
• CIC’s fund co-established with Goldman Sachs Group Inc. raised $2.5 billion for China.
• The fund was launched with the aim of reaping returns from helping U.S. firms.
• The joint fund first invested alongside Goldman to buy Boyd Corp., a manufacturer of rubber seals and gaskets.
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Tags : CIC, CHINA INVESTMENT CORP., UNITED STATES, CIC CHIEF STRATEGY OFFICER, CHINA-U.S INDUSTRIAL COOPERATION FUND,

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