Asset manager Baring Private Equity Asia is picking up investor capital for its largest ever fund to invest across the Asia-Pacific region.
The Hong Kong-based firm’s latest fund, Baring Asia Private Equity Fund VIII LP, is targeting $8.5 billion of investor capital, people familiar with the matter said. If the firm reaches that amount, the new fund would be nearly 31% larger than its predecessor, which wrapped up with $6.5 billion in 2019.
Free Webinar: Private Investments in Space: Is Now the Right Time?
- How can PE get involved with the space economy that is estimated to hit $1 trillion by 2040?
- What is the risk profile with space investments?
- What did limited partners learn from the internet evolution that can be utilized when investing in space?
Baring Asia Private Equity is one of the largest and most established private alternative investment firms in Asia, with over US$21 billion of assets under management. The firm manages a private equity investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions with a particular focus on the Asia Pacific region, as well as investing in companies globally that can benefit from further expansion into the Asia Pacific region. BPEA also manages dedicated funds focused on private real estate and private credit.
Source: Wall Street Journal
Can’t stop reading? Read more
Oscar-winning Lion Forge secures $30m from HarbourView to expand IP portfolio
Oscar-winning Lion Forge secures $30m from HarbourView to expand IP portfolio HarbourView Equity...
Klarna set to price IPO above range as demand surges for $1.27bn listing
Klarna set to price IPO above range as demand surges for $1.27bn listing Klarna is preparing to...
Dragon’s Den star Touker Suleyman bids to rescue Claire’s UK stores
Dragon’s Den star Touker Suleyman bids to rescue Claire’s UK stores Touker Suleyman, investor and...