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Exclusive: Baring Private Equity Asia raising new $6 billion fund - sources

Reuters  |  HONG KONG 

By Carol Zhong and Kane WuHONG KONG (Reuters) - Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian private equity fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, five people with knowledge told Reuters.Baring's 7th Asia fund and largest to date is expected to close in eight to 12 months, said one of the people, who could not be named as the information is confidential. Baring declined to comment.Global and regional private equity firms have raised a total of $48.2 billion in Asia-focused funds this year, ...

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First Published: Thu, November 09 2017. 10:36 IST