NewQuest launches fund with portfolio of BoA Merrill investments

NewQuest Capital, a $400 million fund backed by four investment firms and staffed by former BoA Merrill employees, buys a portfolio of 20 BoA Merrill private equity positions.

Darren Massara, NewQuest

Sameera Anand

April 19, 2011

Bank of America Merrill Lynch has sold a portfolio of 20 non-real estate private equity interests to NewQuest Capital Partners, a newly established private equity fund staffed by former BoA Merrill employees.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

M&A
Banks
North Asia

#newquest
#darren massara
#private equity
#bank of america merrill lynch
#boa merrill