Rhea Asset Management Spins Out PE Group

February 23, 2012

On February 22, 2012, Bloomberg.com reported that Turkey-based Rhea Asset Management has spun off a private equity team to form a new private equity firm, TRPE Capital.


On February 22, 2012, Bloomberg.com reported that Rhea Asset Management has spun off a private equity team to form TRPE Capital.  The new private equity firm, TRPE Capital, will focus on investments in companies in the Turkish technology, healthcare, and business sectors.  The new firm will continue to manage its current portfolio of Rhea investments.  Rhea Asset Management will reportedly be a minority shareholder in the new firm.

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Categories

Investment Manager M&A, Private Equity M&A, Transactions