Katrina Lau
Katrina Lau is a reporter for Private Equity International based in Hong Kong. Before joining PEI in 2023, she worked for a local television broadcast reporting on daily news. Originally from Malaysia, Katrina holds a Bachelor’s Degree in Journalism and Sociology from The University of Hong Kong.
While the region has seen growing secondaries appetite in the past few years, executed deals remain far and few between, market participants tell PEI Secondaries Investor.
APAC has been waiting for an uptick in secondaries volume similar to that of North America and Europe, particularly when it comes to GP-leds. Right now, no one would be surprised if activity stalled completely.
The King Abdullah University of Science and Technology Endowment is shopping a portfolio that is at least $1bn in size, PEI Secondaries Investor understands.
Investment committees are a taking a closer look before rolling into a CV amid rising deal volume, said panellists at IPEM Global in Paris.
The pension’s secondary funds and co-investments grew 36% to approximately $3.7bn, per its latest investment disclosure.
The advisory firm's APAC private capital advisory unit has more than doubled its headcount since February, senior MD Ben Hart tells Secondaries Investor.
The managing director will be responsible for originating and leading APAC secondaries transactions for the adviser.
The appointment fills the role of former Singapore-based director Robin Seng, Secondaries Investor understands.
The former investment principal, who covered secondaries transactions in India, Australia and Southeast Asia, joined the firm in 2011 in London.
The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.