EQT Partners completed the acquisition of Baring Private Equity Asia for $7.4bn.

EQT Partners, a purpose-driven global investment organization, completed the acquisition of Baring Private Equity Asia, a private markets investment firm in Asia, for $7.4bn. “Asia is home to more than half of the world’s population and predicted to generate over 40 percent of global GDP within ten years – as a result, it’s expected that the growth of the Asian private market will accelerate at nearly double the pace of global markets through 2025. As a combined firm, we offer local experience and global capabilities – underlined by shared values – that puts EQT in an even stronger position to capture the opportunity through our leading investment strategies across private equity, infrastructure and real estate," Christian Sinding, EQT CEO and Managing Partner.