There is little surprise that global PE groups are looking for
an 'in' to Asian private markets. The region is home to
huge numbers of private enterprises, yet to transform their
potential into regional, let alone global players.
Fund raising activity for PE funds focused on Asia Pacific
proved to be buoyant in 2018, with an estimated USD37.8 billion of
net inflows recorded through the first nine months of the year
according to Private Equity International's Q3 2018 Fundraising
Report. This compared to USD37.7 billion raised for the entire
calendar year 2017.
"Hillhouse Capital Group raised USD10.6 billion for its
Fund IV, while Carlyle Group raised USD6.55 billion for its Asia
Partners V fund," comments Rajindar Singh, Sub Regional Director APAC, Private Equity, Real Estate & Capital
Markets at TMF Group, based out of the group's Singapore
office. "It shows that investors continue to allocate to top
names in the PE space."