HQ Capital bolsters presence in Asia with new Singapore office and appointment of Michael Hu as Managing Director and Head of Asia

• The new Singapore office aims to offer differentiated alternative investment solutions to serve its growing investor base in Asia
• Michael Hu joins as Managing Director and Head of Asia, bringing over 15 years of expertise to further drive HQ Capital’s growth in the region

Singapore/Bad Homburg, March 13, 2024
HQ Capital, a leading global private equity specialist since 1989, announced today that it has opened a new office in Singapore and appointed Michael Hu as Managing Director and Head of Asia. These actions demonstrate HQ Capital’s commitment to offering differentiated alternative investment solutions for its growing investor base in the region. Mr. Hu will lead the investment and business development activities in Asia, further enhancing the expertise and capabilities of the firm’s senior investment team. Mr. Hu will also join HQ Capital’s global executive committee.

HQ Capital is a long-standing player in global private equity, with investments in Asia since 1997 and an office in Hong Kong since 2007. With a strong track record over multiple cycles, HQ Capital invests globally with leading private equity managers, focusing on the small- to mid-market. The expanded Asia private equity platform brings together HQ Capital’s access to unique investment opportunities and its deep local knowledge of key Asian markets. The new Singapore office will serve the growing base of private wealth and institutional investors in the region, whilst acting as a gateway for ongoing investment activities in markets such as Australia, Greater China, Japan, Korea, India, and Southeast Asia.

Marc Brugger, CEO & CFO of HQ Capital, said: “We are delighted to have Michael join our management team. Michael has a great track record in private equity investing, on both a primary and secondary basis, as well as co-investments, and a strong network in the region. The opening of our new Singapore office also deepens our presence in Asia, a growing market with unmet investor demands.”

“I am delighted to join HQ Capital to serve our clients and support the firm’s growth ambitions in the region. With a global platform and a specialized investment focus, we will offer long-term, bespoke investment solutions to private wealth and institutional investors looking for differentiated access to private markets. I look forward to working closely with our investors, HQ Capital’s global team, and top-tier private equity managers in Asia,” said Michael Hu.

Prior to joining HQ Capital, Michael Hu was a Managing Director at Ardian, based in Singapore, where he was a senior member of the Secondaries & Primaries investment team and led Investor Relations and Private Wealth Solutions. Before joining Ardian, Michael Hu was a Principal at Greenhill & Co. in Singapore and Hong Kong, where he was responsible for the Capital Advisory business in the Asia Pacific. Mr. Hu has over 12 years of experience in private equity and 15 years of experience in finance.

HQ Capital has submitted its application for a capital markets services license from the Monetary Authority of Singapore, which is currently pending approval.