News Summary

• EQT Private Capital Asia, the Asia arm of Swedish private equity giant EQT led by Hong Kong-based billionaire Jean Salata, has agreed to acquire a controlling stake in Remember & Company.
• The deal values the Seoul-based professional network platform operator at 500 billion won (about $400 million) With this deal, BPEA Private Equity Fund VIII, the $11.2 billion fund closed in 2022, is set to be 90% to 95% invested, according to the statement.