Korean asset owners show less appetite for private equity during market turmoil

Asia Pacific (Apac) private equity firms are seeing less capital from asset owners due to the recent turmoil in markets worldwide — and South Korea is indicative of this trend.  The amount of capital committed for fundraising by Korean private equity firms (PEFs) has dropped in 2022, following rising interest rates both globally as well as in Korea, along with increasing economic uncertainty. According to data by Korea’s Financial Supervisory Service (FSS), the amount of newly c…