Hong Kong’s Headland Capital cuts staff after canceled fundraising
January 18, 2016
Headland Capital Partners, a middle market investor in greater China, Southeast Asia and South Korea, has nearly halved its investment staff after suspending fundraising for a seventh buyout fund, according to reports. The firm ceased efforts this fall to raise $1 billion for the firm’s first new vehicle since a 2010 spin-off from HSBC. High level departures reportedly include Paul Kang, senior partner and head of Southeast Asia.