HSBC Asia private equity team spin out to form Headland Capital Partners


The management team of banking giant HSBC’s Asia-focused private equity has completed a buy-out of the firm, which has been renamed Headland Capital Partners.

The Headland management team now controls just over 80 per cent of the company, with its former parent retaining a 19.9 per cent stake and remaining one of the largest investors in funds advised by Headland, worth around $2.4bn.

“We have been advising Asian private equity and venture capital funds for more than 20 years and, following the buyout, Headland’s team looks forward to continuing our close partnership with portfolio companies and delivering attractive returns to our funds” investors,” said Headland Capital Partners managing partner George Raffini.

16 members of the management team have joined Raffini as owners of the business, which is to focus on companies with the potential for industry dominance.

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