Headland Capital plans to launch seventh Asian fund

0
23

korea dragon stonePrivate equity firm Headland Capital Partners is reportedly preparing to launch its seventh Asian fund.

The vehicle will likely be of a similar size to Headland’s previously vehicle, which was closed on $1.36bn in 2008, said Dow Jones, citing a person familiar with the situation.

The new fund will invest in assets based in Greater China, South Korea and Southeast Asia.

Headland Capital was formed in 2010 when the management team of banking giant HSBC’s Asia-focused private equity completed a buy-out of the firm.

Last year Headland and Hong Kong-based peer Headland Capital Partners increased their stakes in vessel company in Miclyn Express Offshore.

Copyright © 2014 AltAssets