New PE firm Hildrics Capital seeks up to $183m, sees recovery opportunities in SE Asia …

The partners at Singapore-based Hildrics Capital, who were former corporate bankers at UOB, have set their sights on the recovery play in Southeast Asia, as businesses seek comebacks from the last two years of COVID-driven doldrums.

“Recovery is a big theme for us,” said Choo Kee Siong, the investment firm’s founder and CEO.

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