Chinese Insurers and Offshore PE: Tortoise, Not Hare

This article was originally published on AVCJ on June 4, 2014 written by Winnie Liu.

Foreign private equity firms see Chinese insurers as an untapped yet potentially lucrative LP market. But how soon might these institutions have the will and skill set to put capital to work?

Chinese insurers are taking baby steps. More than 18 months after receiving the go-ahead to invest in offshore private equity funds, few have made the leap. China Reinsurance (China Re) was the first, committing $30 million to KKR’s eleventh North American fund, which closed last October at $8.3 billion – a classic safe bet.

To read the full article, please visit the original article at AVCJ.com.