Warburg Pincus-backed ESR to raise up to $1.24b in HK's biggest IPO in 2019

Warburg Pincus-backed ESR to raise up to $1.24b in HK's biggest IPO in 2019

(L-R) ESR Cayman co-founder and co-CEO Stuart Gibson, ESR chairman and Warburg Pincus managing director and head of Southeast Asia Jeffrey Perlman, and ESR group chief financial officer Wee Peng Cho.

Warburg Pincus-backed logistics real estate developer ESR Cayman Limited is looking to raise as much as $1.16 billion in what would be the biggest Hong Kong initial public offering for 2019.

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