Asian life insurers scout for buyout funds amid market turmoil

Life insurance companies are eyeing buyout funds to include in their alternative portfolios this year as traditional private equity investments take a hit from rising interest rates and slowing initial public offerings. “This year we prefer buyout funds for our private equity investment because we think control of investment and operational expertise has been a critical lever for value creation. It has also been a stabilising force in a market full of stress and volatility,” said …