Asia-Pacific

SI Law Firm Survey 2024 – how firms defined their legal activity

To create a more comprehensive apples-to-apples comparison, respondents to Secondaries Investor’s annual law firm survey were provided with this set of parameters.

Secondaries Investor Law Firm Survey 2024: GP-leds boom as expectations for credit secondaries surge – updated

The eighth edition of our law firm survey shows top law firms advising on a collective $856bn of transaction volume, a record high amid a booming secondaries market.

China RMB secondaries seeing discounts of up to 50%, says Ham Lane

Growth equity assets are seeing ‘pretty good’ bargains, yet the mismatch in valuation expectations may hinder dealmaking.

AlpInvest: LPs are shopping the ‘best parts’ of their portfolios amid distribution slowdown

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.

Stafford’s Himbury: Superfund allocation to timber will increase

The timberland secondaries investor’s chairman says forestry ‘could be the infrastructure of tomorrow’ and that Australia’s superfunds would do well to make their move sooner rather than later.

APAC GPs warm to continuation funds as buyers navigate pricing risks

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.

India stock exchange deal is latest example of country’s GP-led appeal

HarbourVest Partners, LGT Capital Partners and Pantheon backed a $700m single-asset transaction involving the National Stock Exchange of India.

Bain: China’s new IPO regulations could bolster secondaries market

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.

StepStone leads on $762m Australian secondary deal

The innovative transaction involves StepStone providing funding for MLC Private Equity’s seed portfolio and additional capital for its new investments.

Europe and Asia play catch-up in real estate secondaries market

The US has traditionally dominated the real estate secondaries market, but Europe and Asia are poised to make up ground.