[4][6][7][8][9] The firm primarily invests in China but in recent years has diversified into Southeast Asia and North America.
[8] Institutional investors of the firm include AIA Group, Bank of China, MetLife, Pennsylvania State Employees' Retirement System, State Street Corporation, Varma Mutual Pension Insurance Company and TSMC.
In December 2022, Lanvin Group merged with Primavera Capital Acquisition Corporation to become a listed company on the NYSE raising $150 million.
[13] In January 2022, Primavera acquired The Princeton Review and its subsidiary Tutor.com from ST Unitas, gaining attention in May 2023.
[2][3] In September 2023, Florida governor Ron DeSantis announced that voucher programs for four private schools owned by Spring Education Group would be ended due to alleged ties to the Chinese Communist Party (CCP) via its majority owner, Primavera Capital Group and its CEO Fred Hu.