EmergeVest MD sued in Hong Kong for return of investor funds

Logistics tycoon John Lau is suing buyout fund EV Cornerstone, managed by private equity firm EmergeVest, plus MD Heath Zarin, pictured, over its portfolio company EV Cargo’s plans to operate in China. A writ of summons was filed in Hong Kong’s high court on 19 June and outlined demands that Lau’s investment of $45.5m in […]