China to attract more private-equity funds from Middle East and US, Bain & Co says
Asia-Pacific deal value rose 11 per cent to US$176 billion in 2024, according to Bain & Company
Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company.
“A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,” Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice for the global consultancy, said on Friday, adding that several factors were fuelling a potential recovery.
“Increasingly, we have seen private capital, especially from the Middle East, coming in and starting to fill the private-capital funding gap,” he said.
“We have started deploying capital in China since 2015 and actually stayed invested in China at the time when a lot of the Western firms pulled out of China and have been accelerating deployment [across] Asia,” Marc Antaki, deputy chief strategy and risk officer of Mubadala Investment, an Abu Dhabi sovereign wealth fund, said at the Milken Global Investor Symposium in Hong Kong on Monday.