Time:2017.02.16
On February 15, Anne Valentine Andrews, Global COO and managing director, Hugh Andrew, managing director of Asian Property Fund, Peng Lei, Director, of BlackRock, Inc., a world-renowned asset management company, visited Chengdu Xingcheng Group, exchanged ideas with the group on joint establishment of funds and visited the site of Chengdu center project.
BlackRock, Inc. is one of the world’s biggest asset management groups and risk management and consulting companies. It provides a wide range of investment, consulting and financial services and has vast knowledge of regional market and strong operating capacity. By the end of 2016, the total assets controlled by BlackRock reached USD 5.1 trillion, including stocks, fixed-income investment, cash, alternative investment and immovable property.
During the meeting, the parties introduced their business conditions respectively and exchanged ideas on matters related to joint establishment of a fund for cooperation in Chengdu center project. They also discussed the concept of foreign and domestic investment by the common fund, their cooperation model and the direction of their future cooperation, which laid a solid foundation for the subsequent work.
