Technology, Venture Capital, Private Equity

Perspectives from an Indian VC

We are now Headland Capital

Posted by Arun Uday on December 7, 2010

The management team of HSBC Private Equity (Asia) Limited, the regional private-equity arm of HSBC Group Holdings PLC, has completed its buyout and has renamed Headland Capital Partners Ltd. Headland’s management team now owns 80.1% of the company, while HSBC retains a 19.9% stake. HSBC also remains one of the largest investors in the funds that Headland advises. Headland currently advises both private-equity and venture-capital funds. The private-equity funds focus on mid-market expansion capital and buyout transactions in Asia, while the venture-capital funds typically target early- to mid-stage investments in technology-focused and high-growth businesses in Asia.

HSBC Private Equity (Asia) invested its first private-equity fund in 1989 and is investing its fifth and sixth Asian private-equity funds and its second and third Asian venture funds. It raised its sixth private-equity fund The Headland Private Equity Fund 6 L.P, worth $1.34 billion, in 2008, and its third venture capital fund The Headland Asian Ventures Fund 3 Limited, with $230 million in committed capital, in 2009.

In India, HSBC Private Equity, now Headland, had made investments in Sharekhan (acquired by Citigroup), Merittac (acquired by Manipal Group), medical equipment maker Trivitron, software firms NewGen and FINO Ltd and this year in June made investment in Avitel Post Studioz Ltd.

My own updated email is: arunuday@headlandcp.com

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