Private equity eyes recovery in 2025, driven by expected rate cuts and renewed risk appetite. Firms are focusing on smaller buyouts, secondaries, and dual-track IPOs as key exit routes.
Back in 2014, China Investment Corporation had started expanding offshore private equity exposure, while the American pension fund actively sought Asia-based partners.
The life insurer's Hong Kong arm continues to add positions to the private market despite the current downturn for good liability match, less volatility, and diversification in the long-term.