China Investment Corporation
Chinese sovereign wealth fund
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| December 2024 | CIC reached US$1.3 trillion in assets under management by December, continuing its trajectory of growth and increasing its role in managing China's foreign exchange reserves. |
| 2021 | CIC's assets under management grew significantly to US$1.2 trillion, demonstrating substantial expansion of the fund's investment capacity. |
| 2020 | CIC unwound its 2015 spinoff of CIC Capital, bringing the subsidiary back under direct management. |
| 2020 | CIC established multiple international cooperation funds, including the France-China Cooperation Fund, China-Italy Industrial Cooperation Fund, UK-China Cooperation Fund, and Japan-China Industrial Cooperation Fund under Peng Chun's leadership. |
| April 2019 | Peng Chun was appointed as Chairman of China Investment Corporation (CIC), succeeding the previous leadership. |
| February 2018 | Exited the relationship with Blackstone Group via Beijing Wonderful Investments. |
| November 2017 | Purchased Logicor, a European warehouse company, from The Blackstone Group L.P. for $13.49 billion, outbidding other companies. |
| February 2017 | Following a successful tenure at CIC, Ding Xuedong was promoted to secretary general of the State Council by the Communist Party. |
| January 2017 | Acquired a 45% stake in the office skyscraper 1211 Avenue of the Americas, New York City, valuing the building at $2.3 billion. |
| 2015 | During the nationwide anti-corruption campaign, CIC launched an internal investigation which resulted in disciplinary actions against 495 personnel from CIC and its subsidiaries. |
| October 2015 | CIC provided capital in a deal between Carnival Corporation and China State Shipbuilding Corporation, resulting in the founding of CSSC Carnival Cruise Shipping joint venture, with operations expected to commence in 2019. |
| January 2015 | CIC established CIC Capital as a separate, wholly-owned subsidiary to support the Belt and Road Initiative and facilitate foreign direct investments. |
| 2014 | CIC contributed initial capital to the Silk Road Fund, expanding its strategic investment initiatives. |
| March 2014 | CIC acquired a $40 million stake in iKang Health Group. |
| 2013 | The State Administration of Foreign Exchange expands sovereign funds under its jurisdiction, creating a political opportunity following CIC's initial lackluster performance. |
| September 2013 | The fund acquired a 12.5% stake in Russian potash fertiliser company Uralkali for a rumoured $2 billion. |
| July 2013 | Ding Xuedong was appointed as CIC's chairman by the Chinese Communist Party, marking the beginning of a significant restructuring of the organization with a focus on internal discipline. |
| 2011 | CIC established its first foreign office in Toronto, Canada. |
| 2010 | CIC established CIC International (Hong Kong) Co, with Lawrence Lau appointed as its chairman. |
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