China asset owners ramping up for private equity push

In many respects, private equity in China looks very promising for institutional investors. First, it requires asset owners to hand over their money for substantial periods of time to reap the rewards of investing into private companies. While that confers illiquidity risk – i.e. it’s hard to get that money back in case of emergencies – the extended investment period can be seen as a good thing. It essentially helps the asset owners lengthen portfolio duration, a constant headache…