GIC-backed CDH Investment To Raise US$1.4 Billion Private Equity Fund

Reuters, 22 Sep 2009
HONG KONG, Sept 22 (Reuters) - CDH Investments, backed by Singapore's sovereign fund and the World Bank, is raising a $1.4 billion private equity fund, its fourth fund targetting growth-stage companies in China, a source said on Tuesday.
The Government of Singapore Investment Corp (GIC), the bigger of Singapore's two sovereign wealth funds, and the International Finance Corp (IFC), the private investment arm of the World Bank, are two major institutional investors, also known as "limited partners" of CDH's new fund, said the source.
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