Katrina Lau
The process involved moving a portfolio of buyout and growth stakes from North American and European managers into a new vehicle.
The firm has launched its third secondaries vehicle, Japan Private Equity Opportunity 2024.
Growth equity assets are seeing ‘pretty good’ bargains, yet the mismatch in valuation expectations may hinder dealmaking.
AlpInvest chair Ruulke Bagijn and global head of primaries Wendy Zhu say that the Carlyle secondaries unit is seeing higher quality LP-led opportunities come to market.
Speaking at the HKVCA's Greater China PE Summit on Monday, Lexington director Niklas Risberg said buyers require discounts and strong GP alignment to get comfortable with the region's higher level of risk.
The country's official cabinet has published a nine-point circular to ‘strengthen supervision’ on capital markets, including updates on listing process and delisting regulations.
The Singapore-based fundraising platform is seeking to co-launch a secondaries fund alongside experienced GPs that will target individual investors.
Shin Kong Life's portfolio sale comes just weeks after Cathay Life sold $1.2bn of fund stakes to HarbourVest, as impending regulatory changes prompt insurers to rethink their private markets exposure.
A 'disproportionate amount' of venture and growth assets in the country could prove a boon for buyers, according to the secondaries firm.
The firm’s private wealth platform has almost $6bn in assets under management.