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US$65bn global PE firm targets Asian wealth clients with 30% return

An increasing number of global alternatives managers are looking to Asia as the next step in acquiring private wealth clients, expanding investments, and growing assets. Among them is London-based Hg, which hopes that its specialised software and services strategy, “Fusion,” could be a tempting addition to Asian clients’ private equity portfolios. “We focus on mature-stage companies in the B2B software…

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