Rise of mega funds set to change Asia’s private equity landscape

Rise of mega funds set to change Asia’s private equity landscape

Shanghai skyscrapers are visible from an office estate in the city | Photo: Bloomberg

The Asian private equity (PE) landscape is set to undergo a transformation driven by the rise of US-style mega funds and, in 2017, PE funds raised more capital under a buyout thesis than ever before, according to a McKinsey and Co. report.

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