East Asia

Nihon PMI’s 2022-vintage Fund I has already delivered a more than 1x DPI, PEI understands.

While a handful of pan-Asian mega-funds are soaking up the majority of LP interest, some argue that local mid-market champions are most likely to deliver outsized returns for investors in Asia-Pacific.

The Tokyo Stock Exchange is increasing minimum market capitalisation for companies listed in its Growth Market section to ¥10bn by 2030.

The country has taken a larger share of Asia-Pacific's stilted private equity market over recent years.

The firm reportedly paused a multi-asset CV involving this asset in 2023.

Japan is KKR’s second-largest private equity investment destination, with India also in the top four, co-chief Joseph Bae told an HKMA event in Hong Kong.

Despite some immediate headwinds, Asia’s private equity landscape could stand to benefit from the Trump administration’s tariff policy.

Secondaries buyers have been eyeing both RMB- or USD-denominated opportunities in China as managers contend with a dearth of exits, investment principal Karen Tse tells affiliate title Secondaries Investor.

Khazanah joins a number of APAC sellers this year, with Malaysia's EPF and China Investment Corp also looking to offload portfolios.

The fund of funds specialist's next Opportunity fund may include an ex-China sidecar to reflect shifting LP appetites, managing partner Alex Sao Wei Lee tells PEI.