--- title: "Market Chatter: Chinese Sovereign Fund CIC to Sell $1 Billion Private Equity Investments" description: "Chinese sovereign wealth fund China Investment Corporation plans to sell approximately $1 billion of its US-based private equity investments in the secondary market. The assets are managed by eight US" type: "news" locale: "en" url: "https://longbridge.com/en/news/238401856.md" published_at: "2025-05-01T04:36:04.000Z" --- # Market Chatter: Chinese Sovereign Fund CIC to Sell $1 Billion Private Equity Investments > Chinese sovereign wealth fund China Investment Corporation plans to sell approximately $1 billion of its US-based private equity investments in the secondary market. The assets are managed by eight US fund managers, including Blackstone and Carlyle, with Evercore advising on the sale. The sale's deadline and final value may vary based on market conditions. Chinese sovereign wealth fund China Investment Corporation will sell about $1 billion of its US-based private equity investment portfolio in the secondary market, Reuters reported, citing two people with knowledge of the matter. Eight US-based fund managers, including Blackstone and Carlyle, are managing the assets held in a number of funds, according to Reuters. Evercore will be the adviser for the sale, the report said. The deadline for the sale and its final value are still subject to change, depending on market conditions, according to Reuters. **Disclaimer** Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed. ### Related Stocks - [EVR.US - Evercore](https://longbridge.com/en/quote/EVR.US.md) - [BX.US - Blackstone](https://longbridge.com/en/quote/BX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Blackstone's Liftoff Mobile said to weigh IPO refile as soon as Tuesday - Bloomberg News | Blackstone's Liftoff Mobile said to weigh IPO refile as soon as Tuesday - Bloomberg News | [Link](https://longbridge.com/en/news/276161367.md) | | Evercore Inc. SEC 10-K Report | Evercore Inc. has released its 2025 10-K report, highlighting significant financial growth with total revenues of $3,880 | [Link](https://longbridge.com/en/news/276489749.md) | | Blackstone-backed ASK Asset & Wealth Management Group gets SEBI's nod to launch mutual fund business | ASK Asset & Wealth Management has received SEBI's approval to launch its mutual fund business in India. The new ASK Mutu | [Link](https://longbridge.com/en/news/276099339.md) | | Blackstone-backed Liftoff Mobile files to withdraw US listing | Feb 17 (Reuters) - Blackstone-backed (BX.N) Liftoff Mobile has filed to withdraw its initial public offering plans in th | [Link](https://longbridge.com/en/news/276118530.md) | | FERC Authorizes TXNM Energy Acquisition by Blackstone Infrastructure, Finds Transaction Consistent with Public Interest \| TXNM Stock News | The Federal Energy Regulatory Commission (FERC) has authorized the acquisition of TXNM Energy by Blackstone Infrastructu | [Link](https://longbridge.com/en/news/276494402.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.