ChinaÆs SSF to boost private equity holdings
ChinaÆs largest pension reserve fund is committing 10% of its AUM, or around $7.3 billion, to domestic private equity investments.
ChinaÆs National Council for Social Security Fund (SSF) is looking to expand its private equity exposure and further its risk management techniques in relation to the asset class. The SSF operates and manages the assets of the National Social Security Fund (NSSF).The move was discussed in a recent meeting attended by SSF chairman Dai Xianglong. Also in attendance were representatives of private equity funds that already have allocations from the SSF, as well as officials from the Nati…
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