
Fund restructuring: The waiting game
The message has always been: Look at what’s happening in the US and Europe to get an idea of what is likely to happen in Asia. The follow-up question: Okay, but when? The answer: Soon, but not yet.
That is the stop-start story of fund restructurings in Asia - a region that should deliver deal flow to secondaries investors, based on the imbalance between capital raised and capital returned. Whether...
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