EQT has confirmed the promotion of Singapore-based Brian Chang to partner. He will be responsible for mid-market activity in Asia.
It follows the closing of EQT’s latest Asia-focused middle market private equity fund on target last year at $800 million. The fund makes sector-agnostic investments of EUR40-100 million ($46-155 million)...
Ascendent Capital Partners has joined Xuan Ruiguo, the chairman and founder of Hong Kong-listed industrial control systems maker China Automation Group, in a take-private offer that values the company at HK$1.5 billion ($197 million).
Australian investment firm Leap Capital has raised A$50 million ($34 million) for a venture debt fund that will target established, revenue-generating companies locally.
Hansoh Pharmaceutical Group, a Chinese drug developer that counts Hillhouse Capital and Boyu Capital among its investors, has raised HK$7.86 billion ($1 billion) through a Hong Kong IPO.
Fidelity International has announced plans to spin-out its proprietary investment arm Eight Roads within the year pending regulatory and shareholder approvals.