When private equity gets political
Those of you who are familiar with Hong Kong will know that the Special Administrative Region of China will be holding its elections for a new chief executive – the highest local government post – next year. While a number of individuals have expressed interest, it is likely to be a two-horse race between Hong Kong’s former chief secretary, Henry Tang, and Leung Chung Ying, the recently resigned Asia chairman of real estate advisory firm, DTZ, whom some of you may have been in contact with.
Tang's backers include Antony Leung, The Blackstone Group's chairman for Greater China, who has publicly expressed his support. Clear minded readers will remember that Tang replaced Leung as the Hong Kong's...
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