HPEF strikes incentive deal with LPs over Asia fund
HPEF Capital Partners – formerly known as Headland Capital Partners – has won LP approval for an incentive scheme that ties in a reconstituted team to manage the existing portfolio, and the principals still hold expectations of raising a successor fund should they achieve their performance target.
The private equity firm, which spun out from HSBC in 2010, was seeking around $1 billion for its seventh fund, but announced in September 2015 that fundraising had been suspended. At the time Fund VI had...
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