East Asia

Speaking at the HKVCA's Greater China PE Summit on Monday, Lexington director Niklas Risberg said buyers require discounts and strong GP alignment to get comfortable with the region's higher level of risk.

Speaking at the HKVCA’s Greater China PE Summit, Shirley Ma, senior portfolio manager at APG Asset Management Asia, said the pension giant doesn't support the use of NAV financing in its portfolio.

The firm’s founder told HKVCA’s Greater China PE Summit that pessimism about China’s economy was overblown, citing its increasing capacity for innovation and world-class manufacturing capabilities.

Japan’s private markets brace for greater levels of interest.

International GPs and LPs increasingly view Japan as one of the hottest growth markets for private equity as it gets lifted by macro tailwinds.

Shin Kong Life's portfolio sale comes just weeks after Cathay Life sold $1.2bn of fund stakes to HarbourVest, as impending regulatory changes prompt insurers to rethink their private markets exposure.

Subscription credit line use in Japan hasn’t developed at the same rate as in other Asia-Pacific markets, Fi Dinh, head of fund finance for APAC at MUFG Investor Services, tells PEI.

Japan was the only market in Asia-Pacific that saw an increase in deal value last year, according to Bain & Co's Asia-Pacific Private Equity Report 2024.

The co-chief executive's comments coincide with a raft of Japanese buyout funds returning to market to capitalise on rising investor demand.

China funds are trading at a 50% discount to NAV even after a decline in private markets valuations, managing director Kent Chen tells PEI.