ICBC Asia and Gulf Investment to Co-Manage New Fund

February 13, 2013

On February 5, 2013, ICBC (Asia) Investment Management Company Limited announced the signing of a Memorandum of Understanding with Gulf Investment Corporation to form a partnership to launch and co-manage the New Silk Road Fund.


On February 5, 2013, ICBC (Asia) Investment Management Company Limited, a wholly-owned subsidiary of the Hong Kong-based Industrial and Commercial Bank of China (Asia) Limited, announced that it had signed a Memorandum of Understanding with Gulf Investment Corporation.  The agreement highlights a partnership between the two companies to co-manage the New Silk Road Fund, which they plan to launch in the near future.  ICBC (Asia) Investment Management provides investment management services in mainland China.  Gulf Investment Corporation is a regional financial institution owned by the six GCC states and provides a range of financial and asset management services in the Gulf region.

To read the press release, please click here.


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Investment Manager Strategic Investments, Transactions