Asian institutions take direct route to PE

A growing trend of institutions doing direct private equity investment in Asia is being driven by their desire to execute large deals without incurring PE fund fees, says Hamilton Lane. In the past few years, Asian sovereigns and pensions have been increasingly bypassing private equity funds to make large investments across a broad range of assets. “It’s driven by a belief that you’re going to get better returns and [for] cheaper," says Juan Delgado-Moreira, head of Europe and A…