LPs wary about raising Asia PE allocations above 10% - AVCJ Forum
Institutional investors are generally happy to deploy 10% of their private equity allocation in Asia, but they say it is difficult to justify increasing this portion until risk factors ease and local managers build up stable teams and more substantive track records.
"The flow of capital to emerging markets is such that it's pricing out the emerging markets premium," said Steve Byrom, head of private equity at Future Fund, Australia's sovereign wealth fund. "Asia will...
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