<article><a style="color: #000080;" href="http://Affiliated%20Managers Group Inc" target="_blank">Affiliated Managers Group Inc</a>., a global asset management company, has acquired a stake in Hong Kong-based <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Baring+Asia" target="_blank">Baring Private Equity Asia</a>.</article>

<a style="color: #000080;" href="http://Affiliated%20Managers Group Inc" target="_blank">Affiliated Managers Group Inc</a>., a global asset management company, has acquired a stake in Hong Kong-based <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Baring+Asia" target="_blank">Baring Private Equity Asia</a>.
Baring Asia&#8217;s senior partners will continue to hold majority share in the business. The PE firm, the largest dedicated to Asia, has more than 30 portfolio companies. It advises funds that have more than $8 billion in assets.
AMG has $627 billion worth of assets under management. It invests in boutique investment management firms, while typically allowing the management team to retain operational autonomy.
Baring Asia has been investing in Asia since its formation in 1997 and has over 120 employees located across seven offices in Hong Kong, Shanghai, Beijing, Mumbai, Singapore, Jakarta and Tokyo.
&#8220;AMG&#8217;s unique partnership model allows us to preserve our investment independence, operational autonomy, and focus on generating strong returns for our clients over the long term,” said Jean Eric Salata, founding partner and chief executive officer, Baring Asia.
Baring Asia&#8217;s sale of 14 per cent stake in the Indian unit of French cement-maker <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Lafarge" target="_blank">Lafarge</a>, for $293 million, was one of the country&#8217;s largest PE exits in 2015. It had bought the stake for $212 million in May 2013.
Also read: <a style="color: #ff0000;" title="Baring Asia makes S$449.6m offer for CVC &amp; StanChart backed Interplex" href="http://www.dealstreetasia.com/stories/baring-asia-makes-s449-6m-offer-for-cvc-stanchart-backed-interplex-24835/" rel="bookmark">Baring Asia makes S$449.6m offer for CVC &amp; StanChart backed Interplex</a>
<a style="color: #ff0000;" title="India 2015: TPG, Baring Asia, Temasek, KKR &amp; ChrysCap make top 5 PE exits" href="http://www.dealstreetasia.com/stories/india-2015-top-pe-exits-24643/" rel="bookmark">India 2015: TPG, Baring Asia, Temasek, KKR &amp; ChrysCap make top 5 PE exits</a>
<a style="color: #ff0000;" title="PE firm TPG sells HCP Packaging to Baring Asia for $775m; gives $1.6b as returns to investors in 2015" href="http://www.dealstreetasia.com/stories/pe-firm-tpg-sells-chinese-co-hcp-packaging-to-baring-asia-for-775m-gives-1-6b-as-returns-to-investors-in-2015-23837/" rel="bookmark">PE firm TPG sells HCP Packaging to Baring Asia for $775m</a>
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Affiliated Managers Group., a global asset management company, has acquired a stake in Hong Kong-based Baring Private Equity Asia. 

AMG acquires stake in Baring Private Equity Asia

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AMG acquires stake in Baring Private Equity Asia

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