Katrina Lau
Katrina Lau is a senior reporter for Private Equity International based in Hong Kong. Before joining PEI in 2023, she worked for a local television broadcast covering daily news. Originally from Malaysia, Katrina holds a Bachelor’s Degree in Journalism and Sociology from The University of Hong Kong.
The former investment principal, who covered secondaries transactions in India, Australia and Southeast Asia, joined the firm in 2011 in London.
The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.
Such opportunities 'can provide us with some downside protection against the macro flows rather than going with the flow as part of the herd’, says head and OCIO Seong Sup Cho.
This is at least the sixth time the insurance giant has run a secondaries process.
Managers who double down on the region and serve investors’ needs will stand better chances of harvesting success.
The investment bank recently hired ex-Adams Street Partners Asia investor relations head Ben Hart to lead its APAC private capital advisory business.
Temasek’s Azalea Investment Management expects more GPs to use the technology to crystallise liquidity for LPs, according to managing director Justin Keh.
The appointment follows the departure of former managing director and head of Evercore’s Asia-Pacific private capital advisory team Shane Gong, who left in January 2025.
The Tokyo Stock Exchange is increasing minimum market capitalisation for companies listed in its Growth Market section to ¥10bn by 2030, which could have knock-on implications for secondaries activity.
StepStone's live secondaries fundraising also includes vehicles dedicated to infra and VC, executives said on the firm's recent earnings call.