Singapore
Market participants are “concentrating on the highest-quality assets”.
1
A look back at our top stories from November 2025
2
Crypto exchange Hashkey raises $206m in Hong Kong IPO
3
India: 360 ONE Asset's real assets platform raises $254m
4
Malaysia's Halogen Capital raises $3.2m round led by Kenanga, 500 Global
5
VinFast pledges another $1b to scale EV production in Indonesia
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The first edition examined the rise of CVs, marquee assets and pricing discipline.
Despite the better liquidity environment, the improvement has not been linear.
Malaysia
Khazanah and other state institutions have launched several initiatives to drive private markets.
Rest of Asia
JIC has also committed 3 billion yen to Kepple Liquidity Fund 2.
Greater China
The SG-based firm, specialising in secondary investments, plans to launch its eighth fund in 2026.
Sellers include major Japanese corporations and financial groups.
Asian assets currently account for well below 10% of overall secondary market volume, closer to 3-5%.
The entire fund portfolio is understood to have a net asset value close to $1 billion.
Portfolio sales are no longer one-off liquidity moves.
