Institutional Investors

Asia becomes new asset raising playground for hedge funds and private equity


Asia is emerging as a new fundraising region for US and European private equity firms, according to research by BNY Mellon and Private Equity International, and a similar trend by hedge funds is possible, as capital allocations are growing among investors in the region.

One-third of private equity firms or general partners surveyed for the white paper "Private Equity Faces the Future: Candid Views from the Market" said future fundraising efforts are likely to lead them to Asia-Pacific for the first time. The development is in response to growing interest in PE by limited partners in the region,