UK-focused private equity firm
Similarly, UK-focused lower mid-market buyout firm
LDC’s Hong Kong office will initially help LDC portfolio companies to expand in Asia by opening cheaper manufacturing operations and selling products into new markets. The second phase of LDC’s plan is to start making investments directly in Asia alongside local private equity firms there.
NBGI Private Equity intends to start completing deals straight away. From their base in Paris, the two new recruits will complete small buyouts and growth capital deals investing equity of between €3m and €15m per transaction.
LDC’s Hong Kong presence will later be joined by offices in Mainland China and India. The Hong Kong office is due to open in the next few months, with a team of six already recruited. LDC is also said to be planning an office in the Netherlands.