China’s largest insurer Ping An Insurance Group is seeking to reduce its exposure to software-focused private equity investments through a secondary sale of fund stakes valued at around $1bn, according to a report by Bloomberg citing unnamed people familiar with the matter.
The process, which began in March and is being advised by placement agent Campbell Lutyens, involves the disposal of interests in multiple private equity vehicles, the majority of which are tied to software and technology ass...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
Alternative Investment News