Asia secondaries challenged by valuation complications
Valuations remain a key obstacle to securing secondary transactions in Asia, even as a generation of funds becomes a year older and still struggles to generate liquidity, but the market is also growing in complexity due to the nature of the assets on offer.
Darren Massara, managing partner at direct secondaries specialist NewQuest Capital Partners, told the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum that he increasingly...
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