Growth equity

The growth investor will deploy more than 20% of its most recent USD-denominated flagship outside of Mainland China, chief executive Steven Wang told PEI.

Asia-Pacific's lack of a risk premium does not mean it has underperformed, according to Hamilton Lane co-chief executive Juan Delgado-Moreira and co-head of Asia investments Collwyn Tan.

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 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.

Though investors seem increasingly drawn to the market's favourable demographic tailwinds, DPI, exit routes and GP selection remain key considerations for potential entrants.

Fundraising by UK private equity and venture funds was at its highest over the last three years, at £70.2bn, with almost one-third contributed by North American LPs.

Macro challenges are prompting different value-creation priorities to come to the fore, but the underlying fundamentals of the asset class remain intact.

The pair are taking equal stakes in the mid-market-focused investment firm in a Houlihan Lokey-advised transaction.

The lag in private equity reporting, differences in valuation methods and volatile macro environment will dictate the asset class’s performance in 2023, says McKinsey partner Brian Vickery.

Carveouts, add-on acquisitions, take-privates and consolidation in the growth equity space will define dealmaking in 2023, says BlackRock Private Equity Partners' global head of investments.