While the backdrop for secondary PE deals is ripe in Asia, and particularly China, given the IPO backlog, the market still needs time to develop, agree specialists.
Tag : secondaries
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.
Coller Capital’s survey of limited partners suggests they're making exits from private equity funds of funds in favour of broader investing among single fund managers.
The Singapore-based private-equity fund of funds has hired Alex Lee to bring secondary market expertise to its strategies.