PE-arl of the Orient

All roads are leading to Asia Pacific, as mid-market PE firms seek to expand their LP base. Fund-of-fund investors such as Asia Heritage are joining forces with GP stakes investors including Bonaccord Capital to help some of its mid-market managers develop new relationships with Asian LPs. Could this be a feast in the East, or just a flash in the pan? Asian investors including UHNW individuals are looking to tap in to alternative investments in the West. Given that the region is home to more than 67,000 of them, it could well present a kingdom of riches for US firms to tap in to over the coming years. US managers will doubtless be hoping that it becomes the PE-arl of the Orient, as they expand their fundraising efforts.