EQT takes the next step on its strategic journey – joins forces with Baring Private Equity Asia, creating a scaled active ownership platform in Asia
EQT AB (publ) (“EQT”) has reached an agreement to acquire Baring Private Equity Asia (“BPEA”) (the “Transaction”), a leading private markets investment firm in Asia with EUR 17.7bn of assets under management (“AUM”).Transaction highlights · The combination with BPEA, a leading Pan-Asian private markets firm, provides a step-change to EQT’s presence in Asia, and ideally positions EQT to execute on the structural growth opportunity in Asian private markets · Asian private markets are expected to grow at almost twice the rate of global private markets and investors are set to