Exits

Though investors seem increasingly drawn to the market's favourable demographic tailwinds, DPI, exit routes and GP selection remain key considerations for potential entrants.

Investors yet to enter the South Asian market will need to see convincing DPI before taking the leap, panelists noted at the HKVCA's Asia Private Equity Forum on Friday.

Despite a strong 2022, PE firms still face significant hurdles in finding exit opportunities.

Structural changes including socioeconomic tailwinds and rising exit values are proving more consequential for private equity appetites than China’s slowdown.

The Japanese philosophy of kaizen – a constant focus on improvement – will be key to replicating software specialist Hg’s success over the coming decades

The soon-to-IPO firm has raised $49bn, 45% of its total AUM, since 2018.

Covid-19 catch-up and high demand for quality assets lifted carried interest to a record 39% of revenue in the first half of the year.

Special purpose acquisition companies, which are booming, can widen investor access to GP-led deals but there are obstacles to their use in the strategy.

The bank is reducing the stress capital intensity of its businesses by selling balance sheet private equity investments, chief executive David Solomon said on the firm's earnings call.

The private markets firm, which had de-prioritised exits in the second half of 2020, saw more divestments in Q4 driven by greater stability in market prices.