§ feed · storyline
HSG launches $3B continuation fund anchored by ByteDance stake
HSG launches a $3 billion continuation fund anchored by its ByteDance stake, offering investors entry into the company at a $370 billion valuation.
Bloomberg: Sources: HSG, formerly Sequoia China, has set up a $3B continuation fund anchored by its ByteDance stake, offering entry into the company valued at $370B — HSG, the investment firm formerly known as Sequoia Capital China, has closed a $3 billion continuation vehicle anchored by a stake in ByteDance Ltd. …
§ sources1 publication · timeline below