A decade of excess capital deployed into Asia’s private markets has forced a fundamental repricing of risk and is now defining which managers survive the correction.
China’s slowing economy and intensifying competition are reshaping the private equity and venture capital landscape, but opportunities remain in strategic sectors, according to the family office's founder, Conrad Tsang.
Singapore based single family office Vedas Group is moving away from blind pool VC/PE fund commitments in favour of direct, sector-specific investments through special purpose vehicles.
The challenging fundraising backdrop is seen as an opportunity to reset amid plans to lift exposure to areas like growth equity and venture capital, a Cambridge Associates survey finds.
The Korean sovereign wealth fund sees value in continuation vehicles within the private equity space, while it expands venture capital exposure in specific sectors.
The alternatives space has shown increased activity since the nation reopened after COVID-19. The influx comes as a result of both inbound and outbound capital flows, according to managers.
Private equity deals are likely to sustain their relatively high momentum in 2024, although asset managers may face challenges sourcing the right local talent.