HQ Capital opens Tokyo office

This is the third Asian office and 10th globally for the firm which incorporates Auda International and HQ Group’s real estate and buyout businesses.

Global investment manager HQ Capital has opened an office in Tokyo as it seeks to raise half a billion dollars in total for two Asia-focused funds.

The firm, which comprises Auda International and HQ Group’s real estate and buyout businesses, has opened its first Japan office, the third in the region.

“Opening our Tokyo office closely aligns with our philosophy to operate in the most important financial centres in Europe, the US and Asia,” Ernest Boles, chief executive of HQ Capital, said. “Our clients will now benefit from our local advisory and investment expertise as we deepen our presence in the Asian marketplace.”

HQ Capital’s other Asian offices are in Hong Kong and Shanghai. The Tokyo opening brings the global office count to ten.

The firm is currently in market with two Asia-focused vehicles, Auda Asia Secondary Fund, targeting $200 million, and Auda Asia IV, a fund of funds seeking $300 million, according to PEI Research & Analytics.

The firm’s involvement in Asian private equity began in 1997 and it invests through primary and secondaries markets as well as co-investments, according to the statement. The firm has over $12 billion in assets under management, according to PEI data.