Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, May 21, 2007

China Will Invest in Private Equity Firm

China is going to diversify its portfolio beyond U.S. Treasury bills and make a $3 billion investment in The Blackstone Group.  It will make the purchase of non-voting shares as part of The Blackstone Group's upcoming IPO.  The stake will be less than 10% of the firm, and China will agree to hold it for four years.  See NYTimes, China to Buy a Stake in Blackstone; WSJ, China Puts Cash To Work in Deal With Blackstone.

News Stories | Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference China Will Invest in Private Equity Firm:


Post a comment