Asia PE fundraising drops by one third to $46.8b in 2012
Private equity fundraising in Asia Pacific slumped by more than one third to $46.8 billion in 2012 from $72.9 billion a year ago as capital committed to China-focused vehicles dropped off markedly over the course of the year. It is the lowest annual total since 2009.
China funds attracted $23.4 billion for the year in full, down 51.3%, and just $6.7 billion in the final six months, according to preliminary data from AVCJ Research. Renminbi fundraising came to $19.9...
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