Despite abundant capital, Asia’s energy transition is facing an execution crunch driven by a severe lack of bankable projects and modern grid infrastructure.
India
The development institution wants to draw private capital for green energy investment through equity platforms and mezzanine financing.
Foreign investors are reallocating toward AI-linked and cheaper emerging markets, while rupee weakness compounds equity losses.
Mega managers are pulling away, smaller funds are running out of road, and the rules of generating returns have changed for good.
As regulators tighten standards and LPs demand clearer attribution, the sovereign-backed manager is embedding ESG controls into its legal frameworks, governance processes and portfolio-wide data systems.
The CIO of India’s National Investment and Infrastructure Fund says ESG is becoming more relevant to underwriting and exits, even as the industry struggles to prove which interventions create measurable value.
Mephezalea has reduced its exposure to fixed income and moved the allocation towards Infrastructure Investment Trusts, which it says is a higher-yield alternative of the same credit quality.
Thailand’s SEC to overhaul regulatory frameworks for IPOs, cross-listings, ETFs; Maharlika SWF assigns $10m bridge loan to a copper-gold project; Li Lin's family office transfers its investment arm to capitalise on HK's bitcoin ambitions; and more.
Retail inflows into semi-liquid funds are expanding Asia’s private credit market as stress points migrate toward developed economies and more vulnerable borrower segments.
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Record retail inflows have insulated Indian equities from global volatility, but asset owners face challenges as structural reliance on domestic liquidity may be masking overvalued earnings and a mounting sensitivity to oil prices.
Asia's private equity managers face a new reality: allocators want proof of performance, not promises.
While global liquidity is still abundant for AI and fintech infrastructure, the bar for new and existing managers has been raised to an 'incredibly high' level.
