
Munich Private Equity Partners opens office in Shanghai
Munich Private Equity Partners (MPEP) has opened an office in Shanghai as it looks to increase investment allocations to Asian markets.
"Global private equity markets are complex and it requires a sophisticated understanding of those markets to generate premium returns for investors," said Horst Güdel, managing director of MPEP. "We regard the investment that MPEP is making in its Shanghai base as vital in continuing to provide those returns for our investors"
The firm's existing program in Asia dates back a decade to 2002. Zhangxing Zhu, who leads the MPEP's emerging markets program, added that it is essential to be local in order to maintain knowledge in such a dynamic environment. "For Asia this is probably even more true than for any developed region," he said.
Based in Oberhaching near Munich, MPEP is one of Europe‘s leading private equity advisory firms that invests in funds globally on a primary and secondary basis. It currently has more than $2.3 billion in assets under managment.
In January, the fund-of-funds launched a pan-Asian vehicle focusing on investments in small- and mid-cap private equity funds in India, China and Southeast Asia. The fund has a target size of $61-133 million.
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