Some private equity asset classes poised to shine

Some of the most popular asset classes for private equity in the next 12 months are likely to be infrastructure, emerging markets, and distressed banks, according to global law firm Walkers. One sector that will struggle in 2009 is the secondary market, which has slowed down considerably since last year, says Walkers. The law firm has had an office in Hong Kong since 2004 and opened a new one in Singapore last month. "A number of factors point towards a more optimistic longer term p…