EQT AB has reached an agreement to acquire Baring Private Equity Asia (BPEA), a leading private markets investment firm in Asia with €17.7bn of assets under management. The acquisition will see the combined business rebranded as BPEA EQT Asia and the transaction is expected to close in Q4 2022. EQT said in a statement on 16 March that 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...
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