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HQ Capital sets up in Singapore and appoints Head of Asia 

European private equity firm HQ Capital has opened an office in Singapore and appointed Michael Hu as Managing Director and Head of Asia. In his new role, Hu will lead the firm’s investment and business development activities in Asia and will also join its global executive committee.

Canoe launches new asset data offering

Canoe Intelligence, a fintech focused on alternative investment intelligence, has launched Canoe Asset Data, its solution for the challenge of accessing and using complete, timely and accurate asset-level data.

ADIA ups private credit bets

Abu Dhabi Investment Authority, the emirate’s $892bn sovereign wealth fund, is upping its private credit exposure with an increased commitment to alternative asset manager Cheyne Capital’s capital solutions strategy, a real estate private credit fund.

DWS adds Senior Investment Manager for EMEA Alternative Credit

German asset management company DWS has appointed Roscoe Roman as Senior Investment Manager for Alternative Credit (EMEA) effective immediately, a newly created role that forms part of plans for growth of DWS’s €111bn alternatives franchise.

Apex Group appoints Head of Financial Crime in Guernsey

Global financial services provider Apex Group has appointed Mark Le Page as Head of Financial Crime within its Guernsey business. As part of his new role, Le Page will lead the integration of its financial crime teams as well as join the board of Apex Fund and Corporate Services (Guernsey).

White & Case appoints M&A and PE Partner in London

Global law firm White & Case has expanded its global M&A practice and global private equity industry group with the appointment of Lavanya Raghavan as a Partner based in the firm’s London office.

Saudi PIF’s Jada makes second private credit investment

Jada, a unit of Saudi Arabia’s PIF sovereign fund, has made a $53m investment into a fund raised by San Francisco-based Partners for Growth, its second private credit investment to date, according to a report by Bloomberg.

Pacific Avenue to acquire filtration specialist Purflux

Pacific Avenue Capital Partners, a Los Angeles-based private equity firm focused on corporate carve-outs and other middle-market transactions, will acquire Sogefi Filtration and Sogefi USA, the filtration business of Milan-based Sogefi.

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