BPEA EQT hits first close on mid-market fund, seals debut deal
BPEA EQT – which was formed through the merger of Baring Private Equity Asia and EQT – achieved a first close on its pan-regional mid-cap fund at the end of last year and the vehicle recently completed its debut investment in a Malaysia-headquartered software provider.
The first close amounted to approximately USD 400m with commitments coming from LPs that have existing relationships with BPEA EQT, according to a source close to the situation. The overall target is USD...
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