Alibaba Tsai's family office keeps watching brief on ESG, HK Spacs

Blue Pool Capital, the Hong Kong-based family office of Alibaba co-founder Joseph Tsai, has not allocated a specific amount for ESG investments because, in its view, the market is still at a “super early” stage and is prone to hype and greenwashing, a senior representative said on Tuesday.  Concerns about liquidity and the depth of the market also means Blue Pool is not participating, at least for now, in special purpose acquisition company (Spac) listings in Hong Kong. A new regi…