Latest news with #MilkenGlobalInvestorSymposium
South China Morning Post
25-03-2025
- Business
- South China Morning Post
China to attract more private-equity funds from Middle East and US, Bain & Co says
Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. Advertisement 'A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,' Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice for the global consultancy, said on Friday, adding that several factors were fuelling a potential recovery. The recent stock market rally triggered by artificial-intelligence start-up DeepSeek 's technological breakthrough had come together with some medium-term trends regarding the China market to improve the outlook, Lamy said. 'Increasingly, we have seen private capital, especially from the Middle East, coming in and starting to fill the private-capital funding gap,' he said. Geopolitical tensions have made some Western private-equity investors more reserved in the world's second-largest economy. But the sentiment was different among Middle Eastern sovereign investors, who accounted for 62 per cent of the investments by sovereign wealth funds in China last year, according to data by Global SWF. Advertisement 'We have started deploying capital in China since 2015 and actually stayed invested in China at the time when a lot of the Western firms pulled out of China and have been accelerating deployment [across] Asia,' Marc Antaki, deputy chief strategy and risk officer of Mubadala Investment, an Abu Dhabi sovereign wealth fund, said at the Milken Global Investor Symposium in Hong Kong on Monday. In addition, some US-origin funds were adapting their China strategies towards 'less risky and exposed' investments, Lamy said, pointing to examples such as cross-border deals.
South China Morning Post
24-03-2025
- Business
- South China Morning Post
China to attract more private-equity funds from Middle East, US, Bain & Co says
Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. Advertisement 'A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,' Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice for the global consultancy, said on Friday, adding that several factors were fuelling a potential recovery. The recent stock market rally triggered by artificial-intelligence start-up DeepSeek 's technological breakthrough had come together with some medium-term trends regarding the China market to improve the outlook, Lamy said. 'Increasingly, we have seen private capital, especially from the Middle East, coming in and starting to fill the private-capital funding gap,' he said. Geopolitical tensions have made some Western private-equity investors more reserved in the world's second-largest economy. But the sentiment was different among Middle Eastern sovereign investors, who accounted for 62 per cent of the investments by sovereign wealth funds in China last year, according to data by Global SWF. Advertisement 'We have started deploying capital in China since 2015 and actually stayed invested in China at the time when a lot of the Western firms pulled out of China and have been accelerating deployment [across] Asia,' Marc Antaki, deputy chief strategy and risk officer of Mubadala Investment, an Abu Dhabi sovereign wealth fund, said at the Milken Global Investor Symposium in Hong Kong on Monday. In addition, some US-origin funds were adapting their China strategies towards 'less risky and exposed' investments, Lamy said, pointing to examples such as cross-border deals.
South China Morning Post
24-03-2025
- Business
- South China Morning Post
Hong Kong thrives on low-tax regime and active capital market, family office says
Hong Kong's low-tax regime, active capital market and integration with the Greater Bay Area suit global family offices and investors, selling points that have helped widen its lead over regional hubs like Singapore and Tokyo, according to industry experts Advertisement The city should hold more conferences and events to promote its competitive advantages, Oliver Weisberg, CEO of Blue Pool Capital, the family office of businessman Joe Tsai, said at the Milken Global Investor Symposium in Hong Kong on Monday. Hong Kong's quality of life, education, healthcare and hub status make it an ideal location, he added. 'There is a great pool of talent as our analysts, associates, managing directors [show],' said Weisberg, a former investment banker with Goldman Sachs and Citadel who has lived in the city for 30 years. 'This is where they want to live for all the reasons we have talked about.' He recalled picking Hong Kong as the top choice in 2015 when he joined Tsai- who is also the chairman of Alibaba Group Holding which in turn is the owner of the Post – in steering the multi-strategy investment firm. Blue Pool Capital CEO Oliver Weisberg speaks at the Milken Institute symposium in Hong Kong on Monday. Photo: Jonathan Wong Hong Kong is hosting several investment-related conferences this week, apart from the Milken symposium. HSBC will hold its Global Investors Summit, while the Hong Kong government will host the third edition of the Wealth for Good event. The World Economic Forum will join the city's stock exchange operator Hong Kong Exchanges and Clearing to conduct the Centre for Financial and Monetary Systems symposium. Advertisement Financial Secretary Paul Chan Mo-po said there would be more mega-events in the pipeline, including the inaugural Hong Kong Global Financial and Industry Summit in June, which is expected to draw hundreds of global enterprises, tech firms and funds.
