China Investment Corp, the country’s sovereign wealth fund, has hired, Collin Lau, the former managing director of Starr International as its head of real estate investment funds.
Collin Lau, a former Hong Kong-based managing director in charge of private equity funds for Starr Interntional, an investment firm owned by Maurice ‘Hank’ Greenberg, former chief of American International Group, is expected to join CIC late this month or in early January.
Zhou Yuan, former UBS China head, had been appointed head of alternative investments of CIC. Zhou will be based in CIC’s Beijing headquarters.
Lau will be a member of Zhou’s alternative investments team. Besides real estate funds, Zhou’s team is also responsible for CIC’s direct investments and non-real estate private equity funds.
Lau could not be immediately reached for comment. CIC declined to comment.