Asia-Pacific

Public markets are signaling they’re skeptical about AI valuations. Should Anthropic backers be worried?

Our H1 Fundraising Report shows fundraising totals stabilizing, but the number of funds continuing to decline.

Seeking access to the most alluring start-ups, strong due diligence and help with bridging work cultural differences has led three Japanese companies to launch new funds managed by Pegasus Tech Ventures in the past month.

The fund, whose size has not been disclosed, aims to advance global connectivity and innovation, focusing on AI, automation, edge computing and intelligent data infrastructure.

Japanese strategic LPs are driven by a desire to bring emerging technologies into their operations, an interest in strategic relationships and a thirst for M&A or distribution opportunities.

The world’s 50 largest venture capital fundraisers raised about $220bn for the five-year period ended December 31, 2025, up 8% from our previous ranking.

Many investors may be mistakenly calculating that companies based in emerging markets have more limited upside potential to break out as global success stories.

Steven Yang, head of global venture investments, explains why the British LP is increasing its use of AI to help assess VC firms, why he likes China and India opportunities and his concerns around team succession at managers.

The family office, which has 60% of its private markets portfolio invested in venture, is looking for "deep vertical experience," says chief investment officer Russell Deakin.

Tell us who you think should be included on our sixth annual list of Women of Influence in Private Markets, which celebrates the achievements of women working across the alternatives ecosystem.