Pension funds still committed to pan-Asian, global funds
Institutional limited partners are becoming more nuanced in their appreciation of private equity opportunities in the region but this doesn’t necessarily signal a wholesale shift away from pan-Asian or global funds.
"We are trying to put $1-1.1 billion a year and so it doesn't make sense to allocate $20 million to a relatively small, country-focused fund," said Charles Carpenter, managing director of the State of...
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