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

Reuters | | Posted by Yagya Sharma

Hong Kong-based Baring Private Equity Asia (BPEA) has closed its eighth pan-Asia fund at $11.2 billion, the largest in the firm’s history, the firm said in a statement on Tuesday.Also Read| Most Twitter shareholders vote in favor of sale to Elon Musk: ReportBPEA’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.

Subscribe to our best newsletters

Subscribed to newsletter successfully

Thank you for subscribing to our Daily News Capsule newsletter.