The private equity industry has sprung back to life in Asia after a period of inactivity had prompted some firms to question whether to remain in the region.
The disappearance of leverage available to fund deals led to a collapse in activity and confidence, as firms such as 3i and Cerberus scrambled to close regional offices.
However, global private equity firms typically raised their Asian mega-funds ahead of the credit market downturn in late 2007, and have struggled to deploy them. Analysts estimate that private equity funds have an unspent warchest of $20bn to spend on buy-outs in Asia – excluding leverage. Billions of dollars more are available for growth capital investments, when funds take a minority stake in a business.
您已阅读21%（735字），剩余79%（2768字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。