Private equity secondaries on rise in Asia

Weakening Asian emerging market growth – particularly in China and India – is setting the stage for private equity secondary deals in the region, says Juan Delgado-Moreira, head of international at US-based PE firm Hamilton Lane. The Hamilton Lane Secondary Fund III held a final close last month at $900 million, above its $650 million target.  It will primarily acquire other investors’ stakes in existing private equity funds, while also considering direct secondary PE investments …