TMT

One of the secondaries market's newest entrants says capital solutions are 'kicking the can down the road'. Plus: Why an AI bubble has pros and cons; and a record-breaking India fund close. Here's today's brief, for our valued subscribers only.

Japan is KKR’s second-largest private equity investment destination, with India also in the top four, co-chief Joseph Bae told an HKMA event in Hong Kong.

Blackstone uses a traffic light system to evaluate an asset's potential exposure to AI disruption risk, president Jon Gray told delegates at an HKMA event on Tuesday.

TMT-focused vehicles are getting bigger and more often closing on target, despite the wider fundraising malaise.

Regulatory stability, an abundance of dry powder and a strong pipeline of assets make medtech a compelling place to put capital to work, says DC Advisory’s Manish Gupta.

The IPO market is now open for quality tech stocks, and increased M&A activity will likely soon follow, say Adams Street Partners’ Brijesh Jeevarathnam and Robin Murray.

Large take-privates and carve-outs are on the menu as PE firms seek opportunities to unlock and drive value, says Baker McKenzie’s Eric Schwartzman.