EQT has acquired Baring Private Equity Asia for €6.8 billion, enhancing its presence in the growing Asian private equity market.

Information on the Target

Baring Private Equity Asia (BPEA), established in 1997, is a prominent private equity firm focused on investments within the Asia region. The firm prides itself on working closely with portfolio companies, facilitating capital for expansion, recapitalization, or acquisitions, to foster long-term business growth. With around €18 billion in Assets Under Management (AUM), BPEA has demonstrated a capacity to significantly outperform public markets in Asia, averaging a 15% compounded annual return since its inception.

Industry Overview in Asia

The private equity industry in Asia has been experiencing notable growth, spurred by increasing liquidity and a robust market for mergers and acquisitions. The region's growing middle class and digital transformation are driving investment opportunities across various sectors. With an approximate AUM growth of 25% since 2019, BPEA exemplifies the potential for private equity investments in Asia.

Despite recent challenges such as regulatory uncertainties and the impacts of COVID-19, the long-term prospects for the industry remain promising. The continued influx of foreign i