A bottleneck in IPOs has constrained a vital route for private equity exits, with secondary specialists lining up to help. But secondary deals still have a mixed reputation in Asia.
The $50 billion savings fund requests pitches in by October 31 to allocate a minimum of $30 million to a secondary private-equity fund.
Chartered Semiconductor, $1.01 billion secondary offering
Debtdomain has set out to create an online exchange for the secondary loan market in Asia and Europe. FinanceAsia.com talked to Chris Chen, an executive director of the company.