PE firm finds opening in exit-seeking founders
Singapore
THE first generation of Asia's manufacturing entrepreneurs are getting old, and private equity (PE) firm Shaw Kwei & Partners is ready to help with a retirement package.
For the past five years, the firm has been pursuing a non-traditional strategy of taking majority stakes in manufacturing companies, the latest being soon-to-be-privatised Chosen Holdings. It is a plan calculated to capture the opportunities created by the growing number of first-generation bosses in the region who are looking for an exit.
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