The outlook for Asia Pacific private equity deal making is becoming increasingly gloomy, according to Bain & Company.
The outlook for Asia Pacific private equity deal making is growing increasingly gloomy, according to Bain & Company.
The Chinese new economy is commonly defined as companies riding the wave of the expanding mobile internet, such as online shopping platforms and other web-based services including ride-hailing, food delivery and online financial services. But while 2018 was a record-breaking year in the region — in terms of the value of deals, which hit $165 billion — overall fundraising declined more than 50 percent to $75 billion, Bain said.
Last year, exit values in Asia Pacific hit a record high — but the total number of exits declined sharply, even as larger deals dominated. An exit in this case is when a private equity firm leaves an investment position by selling a business or a stake in a company in which it's invested. "With the risk of global recession and other macro-economic challenges, we expect the market for exits will only get tougher," Yang said.
"The huge volume of private equity and venture capital flowing into China's new economy has over-saturated the lower end of the market, prompting investors to seek larger investments," the report said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Asian shares struggle after U.S. payrolls shockAsian shares struggled for traction on Monday after U.S. employment data raised ...
Leer más »
Asia stocks dealt fresh blow as China exports sinkAsian stocks shuddered lower on Friday after shockingly weak export data from Ch...
Leer más »
Ex-DramaFever exec sues Warner Bros., alleging anti-Asian biasWarner Bros. is accused in lawsuit of “systematically” removing Asian Americans from leadership roles in one of its divisions. - NBCAsianAmerica
Leer más »
Asia stocks dealt body blow as China exports tankAsian stocks shuddered lower on Friday after shockingly weak export data from Ch...
Leer más »
Asian shares inch up as China rebounds on policy support hopesAsian shares inched up on Monday as Chinese markets rebounded on hopes of more p...
Leer más »
Asian markets give up early gains on weak China industrial dataAsian markets were mixed in early trading Thursday, as optimism that British lawmakers rejected a no-deal Brexit were tempered by poor economic data from China and a warning from President Donald Trump that the U.S. may walk away from trade talks with China.
Leer más »
Asia shares flat after mixed China data, pound near 9-month peakAsian shares barely budged on Thursday as investors reacted cautiously to mixed ...
Leer más »
Asian shares drift lower, sterling awaits its fateAsian share markets were mostly in the red on Wednesday as a risk-off mood gripp...
Leer más »
Asia shares stumble, sterling at mercy of yet another voteAsian shares drifted lower on Wednesday as a risk-off mood settled on markets, w...
Leer más »