AVCJ China Awards: PE Deal of the Year – Alibaba Group
Silver Lake started building relations with Alibaba Group almost as soon as it launched its Asia operations in 2008. It was the logical thing to do: the private equity firm assiduously builds relationships with senior management at most of the world’s largest tech companies; Alibaba is one of the biggest and certainly the most diverse operator in China’s internet space.
When Alibaba decided last year that it wanted to facilitate the sale of a 5.7% stake - offering employees and other early investors in the company a liquidity opportunity - Silver Lake was an obvious port...
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