![The German-based firm is aiming to raise between $150 million and $200 million to buy up second-hand private equity fund stakes in Asia](https://assets.fnlondon.com/2016/03/IMG010438_full4x3.jpg)
HQ Capital, the new name for private equity investor Auda International, is raising a fund to buy up second-hand private equity fund stakes in Asia, according to a person familiar with the matter.
Germany-based HQCapital, which has about $12 billion of assets under management, is aiming to raise between $150 million to $200 million for its debut Asian secondaries fund.