Fund of funds
BlackRock, China's CIC to launch investment fund: FT
BlackRock Inc and China Investment Corp will jointly launch an investment fund likely to be worth several billion U.S. dollars, the Financial Times said.
Pension plans launch $20 billion infrastructure fund
One of Canada's largest pension plans teamed up on Thursday with Japan's pension funds and some of its major conglomerates to help raise $20 billion for the world's largest infrastructure fund to invest in assets such as roads and airports.
Facing New Regulations and Stakeholder Demands, Asset Management Industry Nears a Turning Point
The challenges facing the asset management industry such as the implementation of new regulations, are accelerating and could make the remainder of 2012 a turning point for many companies, compelling them to take transformational steps to improve their competitiveness.
Advantage Partners has no immediate plans for new fund -sources
Japanese private equity firm Advantage Partners told an investors' meeting on Wednesday that it has no immediate plans to launch a new fund despite the imminent end-June expiry of the investment period for its existing 220 billion yen ($2.7 billion) fund, three people who attended the meeting said.
