General partners (GPs) with sectoral specialisation are more likely to receive backing from limited partners (LPs) in the post-COVID era, said panelists at the 2020 Asia PE-VC Summit organised by DealStreetAsia in November.
“We look for differentiation, and how they stand out in terms of strategy, portfolio construction, their value add approach because capital has become a commodity nowadays,” said Andy Wang who is a partner at Adams Street Partners during the panel session “LP allocation to the Asia-Pacific — What has changed“.
