Singapore, US chemicals PE firms setting up fund to scale up and boost deals

Singapore

CHEMICALS-focused private equity firm Hafnium Hafaway, newly set up in Singapore late last year, has tied up with US private equity player Lion Chemical Partners to jointly set up a fund and explore other business development opportunities.

These could include working with American chemical companies held by Lion Chemical Partners to establish or further their presence in Asia, said Hafnium executive director Francis Tan.