Why Asian demand is rising for secondary PE

Investors in Asia Pacific intend to lower their allocations to primary private equity deals amid a hunt for higher yields and quicker exits, finds a new survey. And industry observers note growing interest in PE secondaries, amid growing impatience over the time taken to exit primary PE deals. Investors’ preference for secondaries was clear in Deutsche Asset & Wealth Management’s Global Survey of Investors in Alternatives*. 85% of respondents said the performance of PE seconda…