Asia-Pacific

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

Supply from managers looking to the secondaries market to hold onto assets for longer periods continues to grow.

The trade group has issued guidance to address concerns over conflicts and the speed of GP-led deals.

Multiple managers have either closed or expect to close their latest private equity flagships below target – something unthinkable a few years ago.

Chris Lerner will be responsible for launching a company focused on investments in private markets fund managers and industry solutions providers, PEI understands.

Asia-Pacific’s contribution to fundraising last quarter fell below historical norms – with just $2.2bn raised, or 1.3% of the global total, according to PEI's downloadable Q1 data.

The number of vehicles to wrap up fundraising during the first quarter suggests total funds to close this year could fall by half, according to PEI data.

The Hong Kong-based multi-family office has capacity to make commitments in the high-single-digits and is growing increasingly bullish on European PE.

Mekong Earth and Forest Fund will target companies that help mitigate climate change through the regeneration of forests and soil in the lower Mekong region.

The most recent quarterly earnings calls from private equity's listed giants have helped to shine a light on fund performance.