This article discusses increased activity in the Asia-Pacific secondaries market.
Kirkland partner Michael Belsley is quoted as saying: “Given the recent weakness of the Australian dollar, you may see the superannuation funds returning to the secondary marketplace as sellers in 2016.”
“Australia will continue to be a source of deal flow because of the maturity of the private equity market in Australia. Institutional investors there hold mature assets, and they may be interested in exploring liquidity opportunities rather than just waiting for the assets to generate cash flows.”
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This article appeared in its entirety in the December 30, 2015 edition of Secondaries Investor.