Hong Kong Jockey Club to Unload $1 Billion in Blackstone, Warburg Funds
The jockey club, which operates the finance hub's horse racing monopoly and is one of the city's biggest asset allocators, is selling mostly US assets held with firms that also include TA Associates Management LP, Warburg Pincus, and Clayton Dubilier & Rice, according to people familiar with the matter, who requested not to be named because the information is private.
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