Technology, Venture Capital, Private Equity

Perspectives from an Indian VC

Archive for April, 2007

Introducing HSBC Private Equity

Posted by Arun Uday on April 23, 2007

HSBC Private Equity is a professionally managed group of Private Equity Funds under the HSBC umbrella. In Asia, we are currently managing two funds, headquartered in Hong Kong. Both are pan Asia funds, mostly focused on China, HK, Taiwan, S. Korea, Singapore, Asian Tigers and India. No specific geographic allocations (more opportunistic and driven by attractiveness of the opportunity). Other details as follows:
Fund 1: USD 700 million in size. Sector agnostic. Ideal deal size : $30 – 100 mn.
Fund 2: USD 120 million in size. Primarily focused on tech and related sectors. Growth or expansion stage (preferably avoid very early or seed stage). Ideal deal size : $3 – 10 mn. But, we do have a broad definition of tech. It could include companies that have a significant application of tech rather than just producers of tech.
In India, the team is headed by Rajeev Kalra, an industry veteran, who has been with HSBC PE for more than a decade now and Arun Uday, who recently joined the team and will primarily advise on technology related venture investments in India.

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