Side Letter: China’s PE Pivot; SoftBank’s $10bn Loss; NYSTRS Turns Seller
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Side Letter: China’s PE pivot; SoftBank’s $10bn loss; NYSTRS turns seller

Private equity firms are tweaking their China strategies in the wake of the country’s latest regulatory crackdown. Plus: SoftBank’s Vision Fund has posted a $10.3 billion loss and NYSTRS is shopping a $2.6 billion PE portfolio. Here’s today’s brief, for our valued subscribers only.
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