Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Baring Private Equity Asia Completes Sale to EQT
- Client News
- October 18, 2022
Paul, Weiss advised Baring Private Equity Asia (BPEA) in its sale to EQT. This brings together one of the world’s largest private markets firms, EQT, with the third largest in Asia, BPEA, creating a global leader in active ownership strategies. Under the terms of the deal, BPEA received 191.2 million new ordinary EQT shares and €1.6 billion ($1.57 billion) in cash.
The deal, announced in March and completed on October 18, combined BPEA’s strong track record and extensive investment experience across Asia with EQT’s expertise in areas such as sustainability and digitalization. BPEA EQT now has private equity teams based in Beijing, Hong Kong, Mumbai, Seoul, Shanghai, Singapore, Sydney and Tokyo.
The Paul, Weiss team included, among others, corporate partner Marco Masotti, and counsel Erika Detjen and Marc Palumbo; tax partner David Mayo; and executive compensation counsel Reuven Falik.