HSBC Private Equity Asia completes spinout as Headland Capital Partners
The management team who led HSBC Private Equity Asia have now announced the completion of its buyout from parent HSBC with the launch of Headland Capital Partners Ltd., under George Raffini and Marcus Thompson, Managing Partners of the new firm.
Headland already advises funds with $2.4 billion of committed capital, with HSBC retaining a 19.9% stake in the business, as well as significant LP interest in at least one of the funds now advised by Headland. According to the firm, Headland is advising both private equity and VC funds, targeting respectively Asian mid-market expansion and buyout opportunities, and early-to-mid-stage investments in Asian technology and high-growth companies. Headland is currently advising its fifth and sixth PE funds and its second and third VC funds.
"We have been advising Asian private equity and venture capital funds for more than 20 years,” said George Raffini. “Initially, 16 colleagues are joining me as owners of our business. The team is truly excited about this next phase in our firm’s development, while continuing the relationship with HSBC.”
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