EmergeVest invests $20m in Asian apparel supplier
EmergeVest, a Hong Kong-based PE boutique set up in late 2013 by two former executives from HSBC’s Asia principal investments division, has committed $20 million in equity financing to apparel supplier JD United Manufacturing (JDU).
This is EmergeVest's third investment since its inception, bringing the total invested assets under management to more than $100 million. JDU used a portion of the proceeds to buyout another private...
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