Ropes & Gray Provides Regulatory and Antitrust Counsel to BPEA on its $7.3 Billion Merger with EQT

Ropes & Gray provided regulatory and antitrust counsel to Baring Private Equity Asia (BPEA) in its $7.3 billion merger with EQT. The combination brings together one of the world's largest¹ private markets firms, EQT, with the third largest in Asia², BPEA, creating a global leader in active ownership strategies.

The formation of BPEA EQT combines the private equity teams from BPEA and EQT Asia, with teams based in Beijing, Hong Kong, Mumbai, Seoul, Shanghai, Singapore, Sydney and Tokyo. The transaction was completed on Oct. 18, 2022.

The global Ropes & Gray team was led by antitrust partner Ruchit Patel (London) and included private equity transactions partner Oliver Nip (Hong Kong), antitrust counsel Deidre Johnson (London), and associates James Parkinson, Anna Pugh (both of London), and Nick Cheung, Lan Jiangzhou and Sharon Shi (all of Hong Kong).

¹ Source: PEI 300 2022
² By AUM, excluding international private markets peers with presence in Asia