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EIG Global Energy fund says China's CIC has bought stake

HONG KONG | Thu Feb 2, 2012 4:34am EST

HONG KONG Feb 2 (Reuters) - China Investment Corp (CIC) has acquired a minority stake in Washington-based EIG Global Energy Partners, EIG said in a statement.

Asset manager EIG did not disclose the size or value of the stake taken by China's $410 billion sovereign wealth fund.

EIG invests only in energy, resources and related infrastructure, and had $9.5 billion in assets under management as of November last year.

Specialising in private investments, EIG has invested more than $13 billion in the energy sector in its 30-year history.

Goldman Sachs Group Inc advised EIG on the deal.

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