Thu, Oct 6, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Baring Private Equity Asia raises $11.2 bln in its largest buyout fund

Wednesday, September 14, 2022

Laxman Pai, Opalesque Asia:

Asian private equity firm Baring Private Equity Asia (BPEA) has closed its eighth pan-Asia fund at $11.2 billion, the largest in the firm's history.

According to a press release from the Hong Kong-based firm, BPEA's final close, which exceeded its $8.5 billion initial target and is also 70% more than its previous fund, is also one of the largest private equity funds raised in Asia this year.

Fund VIII, which is materially larger than its predecessor, received strong support from both existing and new investors globally. "As with BPEA's prior funds, Fund VIII is very well diversified geographically, with commitments equally split between local Asian investors, and those based in North America and EMEA," said the release.

As per the company statement, the Fund will pursue the same proven investment strategy as BPEA's prior funds, focusing on being an active owner in control-oriented investments throughout the entire Asia Pacific region across seven core sectors, including healthcare, technology services, business services, education, financial services, consumer, and advanced manufacturing.

As of June 2022, BPEA's predecessor Fund VII was delivering a gross internal rate of return (IRR) of 38% and is one of the top-performing funds in its vintage, it said.

Jean Eric Salata, Chief Executive and Founding Partner of BPEA said: "We are grateful to our existing investors who have continued to support us by committing to Fund VIII, and a......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: This European mezzanine debt strategy offers equity-like returns with downside protection[more]

    B. G., Opalesque Geneva for New Managers: Mezzanine financier SIG-i operates in a relatively uncrowded space by proactively manufacturing financing solutions as an alternative to traditional debt and equity instrume

  2. Opalesque Video: Systematic Japan strategy follows the 'Keep it Simple' rule[more]

    B. G., Opalesque Geneva: For those looking to invest in the current opportunities underlying managed futures in Japan, here is a strategy that does just that, with the benefits of leverage, shorts, Big Data, proprietary technology, and academic research on market psychology. K2Q Capital'

  3. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du

  4. Opalesque Exclusive: How blockchain is helping the small guy invest in hedge funds[more]

    B. G., Opalesque Geneva: ADDX, Asia's largest private market exchange, is on a mission to democratise the private capital markets through blockchain and smart contract technology. With these technologies, the exchange can eliminate manual interven

  5. Opalesque Exclusive: Japan quant strategy uses academia as starting point of investment research[more]

    B. G., Opalesque Geneva: Shin Samurai is a thorough systematic Japan macro strategy, which takes advantage of behavioural biases by using mathematical and statistical techniques. It also relies heavily on academic research for idea generation, and combines the said research with a deep understand