2 days ago
Asia Private Equity Investors Eye 40% Discounts to Lift Returns
Asia's wealthy investors are eyeing discounts of up to 40% to buy private equity assets in the secondary market as they seek to boost returns, according to asset manager Ardian SAS.
Secondary funds are trading at 30-40% discounts, much higher than in the US, according to Jason Yao, senior managing director and head of Greater China at Ardian, which manages $180 billion.