PE Digest: Templewater close to buying Luye units; Hillhouse raising Asia private credit fund

PE Digest: Templewater close to buying Luye units; Hillhouse raising Asia private credit fund

Hong Kong-based private equity firm Templewater is close to acquiring a controlling stake in Luye Medical’s Singapore units while Hillhouse Capital is preparing to hit the market for a new Asia-focused private credit fund, according to Bloomberg reports.

Edited by: Padma Priya