Templewater completed the acquisition of the Hong Kong assets from Icon Group.

Templewater, an alternative asset management firm, completed the acquisition of the Hong Kong assets from Icon Group, an integrated provider of cancer care. Financial terms were not disclosed. "Integrating Icon Group’s Hong Kong operations into our portfolio not only strengthens our service offerings but also expands our regional footprint in Hong Kong, which is a significant and strategic market. We are impressed with the level of care and expertise of the oncologists and surgeons in Hong Kong and are excited about the potential synergies this acquisition brings to the TW Pengu Holdings platform," Cliff Zhang, Templewater Chairman and CEO.