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Asia's PE industry not all about change

Affinity Equity Partners is not among the private equity firms seeking to diversify. We profile its chairman, Tang Kok-Yew, who likes life as a value investor and sees no reason to switch.
Asia's PE industry not all about change
While there has been a noticeable trend among large private equity firms to branch out as a means to diversify their revenue streams, that is not the case across the board. The past few years have been a difficult fundraising environment for Asian private equity, even as investor interest has risen, particularly among regional institutions looking to diversify out of home markets and secure long-term returns. But this year is a potential turning point for the industry. Global se…
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