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Private equity player Adveq puts its focus fairly and squarely on building quality relationships with clients. Having access to capital and funds is not enough in today’s world – as the old saying goes, you don’t buy products, you buy people
Private equity-backed bad debt manager China Huarong Asset Management is reportedly looking to raise $3bn through a Hong Kong IPO. 
A bevy of private equity firms interested in the bad debt unit of Italian bank UniCredit could find out who has won the race for the asset this week. 
US buyout house Warburg Pincus and UK firm Apax Partners have reportedly advanced to the next round of bidding for a stake in China’s largest bad debt manager China Huarong Asset Management. 
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