Private capital raising and investment for emerging Asia shrank last year, but India sharply bucked that trend. Globally, EM private credit and venture capital were also bright spots.
Neuberger Berman hires Asia PE chief; Navis boosts HK team; Jih Sun recruits new GM; Acion takes on portfolio managers; Sidley Austin makes PE hire; and HK SFC names new non-executive director.
Muted enthusiasm for a VC fund has reflected a changing investor appetite for venture capital in China. Mixed-mandate funds are proving to be a tough sell, but buyout investments are taking off.