Hosen Capital Targets $1 Billion Fund for Asia Food Acquisitions
It will be Chinese firm’s third and biggest dollar fund
Sees some invested companies applying for tech board IPOs
Photographer: Qilai Shen/Bloomberg
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Bloomberg News
Hosen Capital Ltd. is looking to raise as much as $1 billion to buy stakes in Asian food producers, and predicts that more companies will be up for grabs in the region.
It will be the Beijing-based private equity firm’s third dollar-denominated fund, and its biggest, founding partner Hang Wang said in an interview. Hosen is looking for targets in the region, including in Japan, South Korea and Taiwan, he said.
