According to sources cited by Bloomberg, the Hong Kong Jockey Club sold assets worth $1 billion from its fund investment portfolio to Toronto's Dawson Partners at a discounted price.
It is reported that the assets include fund investments in Blackstone (BX.US) and other acquisition companies, and the selling price of these assets is at a discount of less than 10% to the net asset value of the portfolio

According to sources cited by Bloomberg, the Hong Kong Jockey Club sold assets worth USD 1 billion from its fund investment portfolio to Toronto's Dawson Partners at a discounted price. It is reported that the assets include fund investments in Blackstone and other acquisition companies, and the selling price of the assets is at a discount of less than 10% to the net asset value of the portfolio

It is reported that the Hong Kong Jockey Club is selling a $1 billion investment portfolio at a discount