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July 18, 2024
PI Global Investments
Private Equity

HQ Capital Hires Ardian’s Michael Hu in Singapore to Head Asia Expansion

HQ Capital, an European private equity firm focusing on small to mid-market investment, hired former Ardian SAS executive Michael Hu as head of Asia and opened a new office in Singapore as it seeks to tap wealth in the region.

The firm, established in 1989, is seeking to expand its investor base in Asia and provide access to US and European mid-market private equity funds as well as secondary deals and co-investments, Hu said in an interview. HQ Capital, which has been investing in Asia since 1997 and established a Hong Kong office in 2007, is targeting investments with other asset managers in funds ranging from $300 million to $2 billion.

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