NewQuest tips ramp-up in PE exits, adds staff
The Hong Kong private equity secondaries firm, which recently closed its second fund, expects a significant rise in the number of exits from PE investments from 2015. It has also hired recently.
Recent years have proved tough for private equity firms looking to exit investments, but that’s likely to change as early as next year, says Darren Massara, managing partner of NewQuest Capital Partners, a Hong Kong-based private equity secondaries firm*.
Trade sales and IPOs – the traditional PE exit methods in China and India – have been “quite challenging”, he notes. “This is slowly ramping up pressure on PE asset owners to find solutions for their investments.”
He anticipate…
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