The Hong Kong private equity secondaries firm, which recently closed its second fund, expects a significant rise in the number of exits from PE investments from 2015. It has also hired recently.
Tag : newquest
Paul Capital was among the first private equity secondaries firms to set up in Asia, but fierce competition and and a failed merger are said to be behind its imminent closure.
A bottleneck in IPOs has constrained a vital route for private equity exits, with secondary specialists lining up to help. But secondary deals still have a mixed reputation in Asia.