TPG Capital Asia, TPG Growth and Ontario Teachers’ Pension Plan acquired up to a 35% equity interest in Dream Cruises, one of the leading cruise brands owned by GHK for $489m. The consideration for the 35% equity interest is $489m, valuing Dream Cruises total equity at $1.4bn. With assumption of net debt of $1.9bn, the enterprise value of the transaction is $3.3bn. "Dream Cruises is the premium brand for the fast growing Asian-sourced cruise passenger, with the vision that they will be able to cruise globally in all regions of the world with Dream Cruises. The investment by TPG and Ontario Teachers’ will help Dream Cruises to have the youngest and technologically most advanced fleet of quality German built cruise ships with legendary Asian service. And we are delighted to partner again with TPG as we did on Norwegian Cruise Line Holdings in 2008," Tan Sri KT Lim, GHK Chairman and CEO.