The Chinese sovereign wealth fund says that bilateral and multilateral funds will help it to develop new ways of making overseas investments.
Conflicts of interest and strains are seen to be growing as more asset owners in Asia eye co-investments and direct deals. Regulators are watching the situation closely.
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.
Asia-focused PE funds raised $4.3 billion in Q3 – just one-quarter of the sum raised last year – although deal activity in the region is strengthening.