AGCA teams up with HarbourVest, Axiom to buy Credit Suisse PE assets
Asia Growth Capital Advisors (AGCA), which spun out from Credit Suisse’s private equity division in 2010, has acquired a portfolio of PE investments from its former parent, supported by HarbourVest Partners and Axiom Asia. Prior to the transaction, AGCA was managing the Credit Suisse portfolio but didn’t have ownership of it.
HarbourVest was the lead investor on the secondary buyout with Axiom helping to underwrite and consummate the transaction. "We see a significant opportunity to acquire, restructure and support existing...
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