Dry powder targeting Asia Pacific assets hit a peak last year, which has fuelled private equity investor concerns over high valuations, finds a Bain & Company report.
The US alternative investment giant moves to tap fast-swelling institutional demand for private debt assets, reflecting a peer group trend to build up specialist expertise locally.
Like other start-up asset managers, the Asian private debt fund house is finding it hard to secure capital amid the Covid-19 pandemic. It has recruited heavy-hitters to help.
The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices?
Some private equity firms could struggle to get money for China-focused funds amid rising Sino-US tensions and after a private equity-backed mainland company admitted to fraud.
Meanwhile, interest in global and emerging market equity strategies fell in the first quarter, according to new research from investment consultancy Bfinance.