The Singapore buyout shop, which spun out of Standard Chartered in one of Asia's largest secondaries deals, will initially target GP-led deals in Korea.
The partnership will see secondaries market veterans and former Coller Capital investment professionals Sebastien Burdel and Luca Salvato join in London and New York, respectively.
The new entity – Bee Alternatives – plans to raise approximately $280m across two feeder funds, one managed by the firm and another by Ant Capital.
Our upcoming podcast with Glendower Capital chief executive Carlo Pirzio-Biroli looks at best practices for going it alone, including track record attribution and having an amicable separation.