Group 1 - The Hong Kong Jockey Club plans to sell a significant portion of its U.S. assets, valued at up to $1 billion, amid rising geopolitical risks and escalating trade tensions [1] - The assets for sale include investments in well-known private equity firms such as Blackstone, TA Associates Management LP, Warburg Pincus, and Clayton Dubilier & Rice, with one fund alone containing assets worth $700 million [1] - The sale process, led by Jefferies Financial Group, began in the first quarter of the year, with some buyers starting to review the assets in April [1] Group 2 - The Hong Kong Jockey Club, as the largest lottery and gaming institution in Hong Kong, manages a substantial investment portfolio, with annual customer betting amounts reaching HKD 305 billion and generating HKD 43 billion in revenue from gaming and lottery operations in 2023 [2] - The current trend of Asian investors reassessing their U.S. asset allocations is reflected in the actions of approximately 10 ultra-high-net-worth family offices and advisory firms that have reduced or paused investments in the U.S. market to mitigate systemic risks arising from political and policy uncertainties [1]
出售美国资产！香港赛马会拟出售10亿美元私募基金，黑石、华平在列
Hua Er Jie Jian Wen·2025-07-09 08:32