East Asia

Japanese private equity hit new highs in 2023 as succession deals, corporate carve-outs and take-privates all continued to gain momentum, says Deloitte Asia Pacific’s Satoshi Sekine.

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.

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.

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 two firms have registered fund management businesses with the Asset Management Association of China – a legal requirement for raising capital or investing onshore.

Kiyosei Sugioka has been seconded to New York to serve as head of ORIX Life Investments, according to a memo seen by PEI.

The firm has appointed Michael Hu, a former managing director at Ardian, to lead its regional investment and business development activities from its new office in Singapore.