This week, we look at investors’ allocations across private strategies in a market that continues to be weighed down by broader geopolitical and economic uncertainty and weakness; Asia’s wealthy individuals turning to infrastructure funds; and the top-deck changes at HK-based Affinity Equity Partners ahead of the reported launch of its sixth fund.
Shifting LP-GP dynamic
In recent years, several Limited Partners (LPs)— including pension funds and endowments to sovereign wealth funds (SWF)—have pursued more direct investments in private assets – from tech startups to infrastructure – in part to gain more control and flexibility in their allocations while reducing fees, to generate outsized returns.
Could that be changing now?
