Asia-Pacific

Covenants and leverage are much tighter in loans to sponsors across the region, according to head of APAC private credit Celia Yan.

GP stakes, healthcare and Middle Eastern investors will be front of mind for Asia-Pacific markets in 2024.

Though GP stakes transactions have been few and far between in the region, a growing number of participants are setting up shop in APAC.

Leveraging technology can make supply chains more robust and give portfolio companies 'less wastage in the system', according to the founder and CIO of Hillhouse.

A mismatch between the supply of potential deals and the number of institutional buyers has given Schroders significant 'bargaining power', Jun Qian, the firm's head of China PE, tells PEI.

While PE deal value was down, the number of deals was up slightly, suggesting more activity focused on the lower mid-market, according to data from LSEG.

Speaking at affiliate title Private Debt Investor’s Seoul Forum on Monday, the Goldman president said 300m jobs could be disintermediated by the technology.

Catalyst, a sustainability-focused private markets strategy, is drawn to opportunities in China’s burgeoning renewable energy sector, APAC head Matthew O’Sullivan tells PEI.

Structural changes including socioeconomic tailwinds and rising exit values are proving more consequential for private equity appetites than China’s slowdown.

PEI asks what has unblocked the deal pipeline and explores how firms are getting transactions across the line.