Blackstone to invest $150m in Lone Star Funds-backed ApaH Capital Management.

Financials

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Transaction Value£109m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

Blackstone Group

target

Apah Capital Management

vendor

Lone Star Funds

Sources

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Tags

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Minority

hedge fund

Cross Border

Friendly

Hedge Funds

Single Bidder

Private

Private Equity

Acquisition

Pending

Hong Kong

Synopsis

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Blackstone, a hedge fund investor, is set to invest $150m in Lone Star Funds-backed ApaH Capital Management, a Hong-Kong-based hedge fund. ApaH will concentrate on public and private market investments across Asia, including in Australia, China, India and Japan.