CDH Investments Sells Down Holding in Qihoo (Asia)

Source: Greater China Private Equity Review  |  Author: Maggie Lee

China-based alternative asset fund manager CDH Investments has partially exited its investment in Chinese software company Qihoo 360 Technology. CDH reportedly sold 6.73 million ordinary shares in the New York Stock Exchange-listed company, which held an initial public offering in 2011. Financial details of the transaction were not disclosed.