China's CIC, BNP Paribas and Eurazeo announce first close of joint fund

China's CIC, BNP Paribas and Eurazeo announce first close of joint fund

Beijing, China. Source: Li Yang/Unsplash

BNP Paribas, China Investment Corp. (CIC) and Eurazeo have made the first close of a joint fund at 400 million euros (nearly $450 million).