CVC Capital Partners acquires controlling stake in Affin Hwang AM

CVC Capital Partners acquires controlling stake in Affin Hwang AM

Kuala Lumpur, Malaysia. Photo by Kah Hay Chee on Unsplash

Leading private equity firm CVC Capital Partners is acquiring a controlling stake in Affin Hwang Asset Management Berhad (Affin Hwang AM) from Affin Banking Group (Affin Group), according to an announcement.