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TA Associates to seek private-equity growth assets from HK

Edward Sippel, formerly of private-equity firm Quadrangle, will head TA’s Asian office in Hong Kong and is joined by three other executives.
TA Associates to seek private-equity growth assets from HK
It is not the easiest of environments for raising private-equity capital at present, but PE veteran Edward Sippel says TA Associates has two big advantages over many of its rivals -- it does a lot of minority-stake investing and runs an internal debt fund. Sippel had run the Asian operations of Quadrangle Group, which were set up in Hong Kong in 2008, but left earlier this year after the $3 billion company shelved a fund. After weighing his options, he accepted a similar role runn…
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