Mar 31, 2011 12:10 PM

China Pension Fund to Invest in Overseas PEs

(Beijing) – China's national pension funds are preparing to invest in overseas private equity funds, according to the Deputy Chairman of China's National Council for Social Security Funds (NCSSF), Wang Zhongmin, at the SuperReturn China 2011 conference in Beijing on April 30.

Wang made the announcement at a March 30 forum in Beijing, saying that the initial stage of preparation had been completed and more comprehensive work is underway.

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