Key Takeaways
- • Hong Kong real estate tycoon Peter Woo's family office is exploring the sale of private equity stakes worth around $1 billion, according to people familiar with the matter, per Bloomberg.
- • Stakes potentially on the block include interests in China-focused managers HSG (formerly Sequoia Capital China) and Vista Equity Partners, according to two sources.
- • The process is at an early stage and the list of funds is not fixed, according to the sources, who asked not to be named.
Summary
The stakes potentially being sold include interests in China-focused managers such as HSG, formerly known as Sequoia Capital China, and Vista Equity Partners, two of the people said. The sources described the process as being in its early stages and said the list of funds has not been finalized.
The report does not disclose the specific holdings, valuations, or buyers involved. Because the sources asked not to be named and the process remains preliminary, the scope of the sale could change before any transaction is announced.
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