As recent figures have shown, after a two-year slump, Asia
Pacific's private equity (PE) sector registered its best-ever
performance in 2014, with both deal values and exit activity
soaring to a new record of US$81 billion and US$111 billion,
respectively (Bain & Co Asia Pacific PE Report 2015).
A closer look at the Asian PE market reveals encouraging signs
across the board in fundraising, deals and exits. Improved activity
levels have also resulted in interesting trends in the market with
many general partners (GPs) adopting new
strategies and approaches in an attempt to stand out amongst their
peers in an increasingly overcrowded market.
These developments are in stark contrast to the challenges of
previous years when analysts described the Asian PE market as
having "hit a wall of reality" after high expectations
pre-2011. However, it remains to be seen whether these activity
levels will continue into 2015 and beyond.