Exits

Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.

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.

The current market environment is unique compared to previous cycles, says Goldman Sachs Asset Management’s Bradley Gross.

New approaches to GP-led transactions continue to emerge as the ecosystem matures and market needs evolve, says Stefano Manna, head of GP Advisory at Investec.

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

Investors yet to enter the South Asian market will need to see convincing DPI before taking the leap, panelists noted at the HKVCA's Asia Private Equity Forum on Friday.

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