Asia-Pacific

Trust can sometimes trump price in Japanese PE dealmaking, say T Capital Partners’ Koji Sasaki, Shunichiro Nakagawa and Kazutaka Komori.

Private equity’s blue-chip firms are setting their sights on Asia’s private wealth prospects – especially in Japan.

Though the stars seem to be aligning for India’s private equity market, the absence of consistent DPI remains a stumbling block.

From Korean VC to Southeast Asia growth funds, Trinity Church Wall Street is seeking managers on an upwards trajectory as it pushes deeper into PE, according to its managing director for investments.

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.

Although India remains dominated by growth equity, the market is seeing greater appetite for buyouts as GPs and institutional investors seek a more hands-on approach.

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.

Already a prolific owner of alternatives managers via its balance sheet, global wealth manager AlTi will consider transitioning from LP to GP with the launch of a fund in this space.

The firm will focus on active ownership in PE and expansion across geographies, as well as in the private wealth sector, CEO Christian Sinding tells PEI.