HQ Capital, a global private equity firm established in 1989, announced the opening of its new office in Singapore and the appointment of Michael Hu as Managing Director and Head of Asia.
These strategic moves aim to enhance HQ Capital’s offerings of alternative investment solutions and expand its reach across the rapidly growing Asian investor market.
Michael Hu brings over 15 years of finance and private equity experience to HQ Capital, having previously held significant roles at Ardian and Greenhill & Co. in Singapore and Hong Kong.
In his new role, Hu will oversee the firm’s investment strategies and business development initiatives across Asia, joining the global executive committee to further solidify HQ Capital’s presence in the region.
The establishment of the Singapore office marks a significant milestone for HQ Capital, which has been investing in Asia since 1997 and opened its first regional office in Hong Kong in 2007.
This expansion is part of the firm’s ongoing effort to cater to the unique needs of private wealth and institutional investors in Asia, offering them access to exclusive investment opportunities across various markets including Australia, Greater China, Japan, Korea, India, and Southeast Asia.
Marc Brugger, CEO & CFO of HQ Capital, expressed his enthusiasm about Hu’s appointment and the new office, highlighting the growing market demand in Asia for specialized investment solutions.
Michael Hu also shared his excitement about joining HQ Capital, emphasizing the firm’s global platform and specialized investment focus that aims to meet the long-term needs of investors seeking unique access to private markets.
Additionally, HQ Capital has applied for a capital markets services license from the Monetary Authority of Singapore, which is currently pending approval.
This step is expected to further enhance the firm’s ability to serve its clients and pursue its growth strategy in the region. – PEVCJournal.com