Part 7/12:
Sovereign wealth funds like the China Investment Corporation (CIC) have repealed commitments to US-based private capital, with some Chinese investors even shunning exposure to US companies. This strategic withdrawal follows sweeping tariffs imposed by the US on Chinese exports, leading to retaliatory measures from Beijing. While there have been moves to alleviate some tariffs recently, the overarching geopolitical landscape is leading investors, including Canadian and European pension funds, to reevaluate their exposure to the US market.
With CIC managing roughly $1.35 trillion in assets, its scale makes its shift away from US private equity consequential, and analysts are speculating that this change could reshape global funding dynamics for the sector.