While money has rushed into Japan’s public markets, investors are taking a more cautious stance towards private equity funds, leaving some struggling to raise capital.
Global alternatives firms are increasingly taking part in corporate private lending, entering a market previously the preserve of Asian credit and distressed specialists.
Southeast Asia will retain its hotspot status despite a slowdown in Indonesia deal activity, while interest in China remains keen, a E&Y report indicates.
Investors from the US and Greater China will contribute the bulk of capital inflows to Asian PE funds, finds Ernst & Young in its first Asia-Pacific private equity survey.
Investors are loyal to hedge fund performance, not big name managers, says Ernst & Young.