Katrina Lau
Katrina Lau is a reporter for Private Equity International based in Hong Kong. Before joining PEI in 2023, she worked for a local television broadcast reporting on daily news. Originally from Malaysia, Katrina holds a Bachelor’s Degree in Journalism and Sociology from The University of Hong Kong.
StepStone's live secondaries fundraising also includes vehicles dedicated to infra and VC, executives said on the firm's recent earnings call.
The transaction marks EQT's entrance into the secondaries market and expansion into insurance offerings, with secondaries doyen Jeremy Coller reporting to chief executive Per Franzén.
GenBridge last week listed Chinese skincare brand Forest Cabin on the Hong Kong Stock Exchange.
Though India's secondaries market remains comparatively nascent, its development has been bolstered in recent years by a confluence of regulatory changes, favourable market conditions and successful case studies.
The firm reportedly paused a multi-asset CV involving this asset in 2023.
The firm, which has opened an office in Hong Kong, closed at least five such transactions in the region this year, according to Jason Yao, head of Greater China.
The fundraise is the private credit and real asset manager's first private equity secondaries endeavour.
GPs need to be transparent with LPs about the impacts of having GP-led deals in co-investment funds, Partners Capital's head of co-investments Adam Spence says.
The $38bn pension fund targets 40% in buyouts, 30% in secondaries, 20% in growth and 10% in venture capital within its PE portfolio, says CIO Hazman Hilmi Sallahuddin.
ChrysCapital closed a roughly $700m continuation vehicle last year to house its stake in the National Stock Exchange of India.