China Everbright aims to exploit infrastructure allure
The Hong Kong arm of China Everbright Group aims to raise its offshore infrastructure fund to $1 billion through China insurers and European investors, and inject more assets into it.
China Everbright Limited (CEL) is eager to take full advantage of a rising global appetite for infrastructure investing.
The Hong Kong investment arm of China Everbright Group, a mainland financial services group, intends to bolster its first overseas infrastructure fund from its first close of $300 million in July to $1 billion by seeking Chinese insurance company assets and by reaching out to European investors too.
The company also intends to inject a new Hong Kong telecom as…
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