US pension fund commits $200m into China’s ClearVue Partners’ third fund
Pedestrians walk along an elevated walkway as an electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on Friday, Dec. 28, 2018. China announced plans to rein in the expansion of lending by the nation's regional banks to areas beyond their home bases, the latest step policy makers have taken to defend against financial risk in the world's second-biggest economy. Photographer: Qilai Shen/Bloomberg
The investment council of the $75-billion Oregon Public Employees Retirement Fund has committed $200 million into Chinese private equity firm ClearVue Capital’s third fund – ClearVue Partners III, according to the minutes of a board meeting held last month.