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.
Hong Kong’s investment arm will give priority to investments in tech and advanced manufacturing after receiving over 100 investment proposals from venture capital funds and asset managers.
Back in 2014, China Investment Corporation had started expanding offshore private equity exposure, while the American pension fund actively sought Asia-based partners.
But on a five-year view, losses in late-2008 and early-2009 have not prevented the asset class from making money and outpacing publicly listed equities, says Preqin.