Judie Ng Shortell, Bosco Yiu, Stan Richards, Arik Hirschfeld, Caitlin Kelly, Shane Milam, Benjamin Klein
January 24, 2026
SSW Partners-Co-Led Consortium to Take ESR Private in $7.1 Billion Deal

1 min
AI-made summary
- Paul, Weiss is advising SSW Partners, which is co-leading a consortium with Starwood Capital Group and Sixth Street, in the proposed HK $55.2 billion (US$7.1 billion) privatization of ESR Group Limited from the Hong Kong Stock Exchange
- The consortium holds 39.9% of ESR's issued shares and has secured co-investment equity commitments from Starwood Capital and Warburg Pincus-managed vehicles
- This transaction is the largest HKSE privatization since 2021.
Paul, Weiss is advising SSW Partners, co-leader of a consortium alongside Starwood Capital Group and Sixth Street, in the consortium’s proposed HK $55.2 billion (US$7.1 billion) privatization of ESR Group Limited from the Hong Kong Stock Exchange (HKSE). The consortium collectively holds 39.9% of the total issued shares of ESR and in addition has received co-investment equity commitments through both Starwood Capital and Warburg Pincus-managed investment vehicles. The transaction will be the largest privatization from the HKSE since 2021.
The Paul, Weiss team is led by corporate partners Judie Ng Shortell and Bosco Yiu, and includes counsel Stan Richards, Arik Hirschfeld and Caitlin Kelly; tax counsel Shane Milam; and litigation counsel Benjamin Klein.
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Judie Ng Shortell, Bosco Yiu, Stan Richards, Arik Hirschfeld, Caitlin Kelly, Shane Milam, Benjamin Klein
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