
Returns, the second time around

With the global private equity debate still dominated by the $400 billion+ overhang of capital seeking a home, some 10% of it in Asia Pacific, expectations have been building of a new spate of secondary buyout deals that would put more of this capital to work.
Meanwhile, other parallel expectations have long persisted that secondary buyouts, and even tertiary and beyond, would increase in Asia as part of the overall maturation of the region. Some recent deals...
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