AMG buys minority stake in Baring Private Equity Asia
Tuesday, January 05, 2016
(Pensions & Investments by James Comtois) – Affiliated Managers Group has bought a minority ownership stake in Hong Kong-based private equity firm Baring Private Equity Asia, said spokeswoman Alexandra Lynn. Terms of the transaction were not disclosed.
Baring Private Equity Asia closes sixth fund at $4 billion, 60% higher than Fund V
Baring Asia's senior partners will continue to hold a majority of the equity of the business and direct the day-to-day operations of the company.
