Asia-Pacific

LP-led deals made up 57% of volume as pricing increased for buyout, credit, and venture and growth, according to the adviser’s half-year report, shared with Secondaries Investor.

One-third of respondents to Secondaries Investor‘s latest survey of intermediaries say they worked with another adviser on a transaction during the reporting period.

Institutional investors like Korea’s National Pension Service entering the buyside is crucial if the market is to grow.

The country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, according to investment policy committee member Sam Y Chung.

There are some sizeable LP-led portfolios out in the market. However, one LP believes collateralised fund obligations and NAV loans could provide attractive alternatives to traditional portfolio sales.

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.

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.

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.

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.