Type | Private |
---|---|
Industry | Private Equity |
Founded | 2006 (origins 1970s) |
Headquarters | Hong Kong |
Website | www.squadroncapital.com |
Squadron Capital was an investment advisory firm headquartered in Hong Kong, focused on private equity investment within the Asia Pacific region.
Background
Squadron Capital was established in 2006. The firm is a subsidiary of Search Investment Group, a Hong Kong-based private investment firm established by Robert Warren Miller in the early 1970s. The founding professionals, led by David G Pierce, were previously employees of Search Investment Group, at which they managed the Group's private equity funds and direct investments portfolios.
Squadron Capital Advisors Limited became regulated by the Hong Kong Securities and Futures Commission in connection with plans to manage private capital for investors other than Search Investment Group. The firm also registered as an investment advisor with the United States Securities and Exchange Commission. The management of third-party assets began in 2007.
Squadron Capital was put up for sale in 2012, and in October of that year the firm was acquired by a US private equity investor named FLAG Capital.[1]
Investment programs and clients
Investment programs managed and supervised by Squadron Capital included funds-of-funds as well as separate accounts. The firm’s investment programs sought to achieve superior, risk-adjusted returns for investors from investments mainly in diversified portfolios of primary and secondary interests in private equity funds as well as opportunistically in co-investments, principally within the Asia Pacific region.
Squadron Capital’s clients included a range of institutional investors, among them public and corporate pension funds, insurance companies, university endowments, as well as family offices and private investors. The firm's clients came from various countries of the Asia Pacific region as well as from Europe, the Middle East and North America.
References
- ↑ "Duty Free Shopping founder sells Squadron to FLAG Capital-sources". Reuters. 22 October 2012.
- Seizing the Tiger's Tail Limited Partner Magazine, Q1 2012
- Squadron Capital in new $150 million fund Asia Asset Management, 2011
- Sorting the wheat from the chaff Private Equity International, 2011
- Institutional Investor Profile: David G Pierce, CEO, Squadron Capital AltAssets, 2008
- Squadron plans $400 million fund for Asia Reuters, 2008
- Asian fund T&Cs acceptable, finds Squadron
- LP t&c issues as power balance shifts
- Funds of funds build LP returns
External links
- Squadron Capital (Company website)
- Search Investment Group
- SAIL Advisors