Ex-Goldman Rainmaker’s Primavera Files for Hong Kong SPAC

(Bloomberg) — Primavera Capital, the Chinese private equity firm started by former Goldman Sachs Group Inc. rainmaker Fred Hu, filed in Hong Kong to sell shares in one of the first special purpose acquisition companies (SPACs).

An affiliate of Primavera and Chinese-owned investment bank ABC International Holdings Ltd. formed a blank check company called Interra Acquisition Corp., according to prelisting documents lodged Monday with the Hong Kong bourse. The SPAC will target high-growth sectors in greater China including innovative technology, consumer and new retail businesses.