Gen II is currently considering selling for 6 billion dollars.

According to the Financial Times on Monday, shareholders of Gen II, a private equity fund management company based in New York, are considering selling the company later this year, with the transaction expected to reach $6 billion. According to the Hg website, the company is supported by an institutional investor consortium, including private equity firm General Atlantic and software investment firm Hg HGT.L. The report stated that no final decision has been made yet, plans may still change, and no advisors have been appointed so far. According to its official website, Gen II was founded in 2009 and currently manages over $1.5 trillion of private equity fund capital.