GIC, Montana, AlpInvest back Ping An’s $850m private equity fund 

GIC, Montana, AlpInvest back Ping An’s $850m private equity fund 

The sign of Ping An Insurance Group is pictured on the Ping An International Financial Center in Beijing, China November 8, 2023. REUTERS/Tingshu Wang/File photo

China’s Ping An Insurance Overseas, the insurer’s wholly-owned offshore investment and asset management platform, has closed its third private equity (PE) fund at $850 million, according to a company announcement. 

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