The family office of Hong Kong billionaire Peter Woo is exploring a sale of private equity interests worth about $1bn, as demand for secondaries continues to grow and investors seek greater liquidity from private market portfolios, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that Wheelock Marden Capital, the investment arm of Woo’s property group Wheelock & Co, is behind the potential transaction. The process though, is at an earl...
Continue Reading
Sign up for FREE to read the full article and access 158K+ alternative investment headlines.