Goldman Executive Sells $13 Million Hong Kong Home to PE Veteran

Ronald LeeSource: Goldman Sachs Group Inc.

A senior manager at Goldman Sachs Group Inc. has sold his Hong Kong home to a private equity veteran for about $13 million, marking another high-profile residential transaction in the Asian financial hub.

Ronald Lee, who leads the US firm’s Asia-Pacific private wealth management business, sold the property at Eden View in the Stanley area for HK$100 million ($12.8 million) last month, according to a land registry filing. It was sold to Deknam Ltd., a vehicle co-owned by Nik Rowold, a partner at CVC Capital Partners, company records show.