NewQuest: Asia is not for the faint-hearted
Hong Kong's NewQuest Capital Partners was the only firm based outside the US or Europe to make our Si30 ranking of top fundraisers. The direct secondaries firm has raised $1.3bn since 2011 and beat firms including investment bank JPMorgan and global investors StepStone to come 26th. Secondaries Investor caught up with managing partner Darren Massara about the fundraising environment in Asia and competition for deals.