Private credit investors are carefully weighing trade-offs between yield, risk and collateral in Asia. The hunt for risk-adjusted returns is driving renewed interest in both sponsor-backed and real estate-backed lending.
JRT Partners' CIO Tuck Meng Yee sees tactical opportunities across private credit and private equity, while steering clear of overvalued segments and emphasising timing and selectivity.
As mid-market GP stakes investments gain momentum, investors are navigating valuation complexities, governance risks, and structuring challenges around this specialised style of private equity investing to foster long-term alignment of interests among key stakeholders.
Mid-market private equity deals in Asia remain constrained by limited M&A activity and challenging public exits, driving investors toward more mature markets like the US and Europe, according to participants at a Hong Kong family office panel.