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CapitaLand Investment: Partners Major Domestic Insurance Company To Establish Its First Onshore Master Fund In China With RMB5 Billion Equity.
21 May 2025 10:28CapitaLand Investment Limited has established its first onshore master fund in China, CLI RMB Master Fund, with a total equity commitment of RMB5 billion (S$921 million). CLI has secured a major domestic insurance company to take up a majority stake in the master fund in line with its asset-light strategy to grow its funds under management. The master fund is expected to contribute RMB20 billion (S$3.7 billion) to CLI's FUM when fully deployed...
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Source: ShareInvestor Express