Trends

Trend

Private equity and secondaries

Family offices and HNWIs across Hong Kong, Singapore, and India increasingly buy private-market exposure, not just public stocks.

Why it's attractive

As Asian family wealth has grown, so has appetite for the return premium private markets have historically offered — and secondaries (buying existing private stakes, often at a discount, rather than committing to new funds) have become a favored way to get that exposure with shorter holding periods and earlier liquidity.

How to get access

This lane is typically accessed through private banks, dedicated PE/VC funds, or family-office co-investment — much higher minimums and lower liquidity than public markets. For a deeper primer, see secondariesexplained.com.

What to watch out for

Illiquidity, high minimums, and manager-selection risk are real; secondaries in particular require judging a fund's remaining portfolio quality, not just its brand name.

Where this shows up most

Find a platform, bank, or fund

Browse the directory of platforms, banks, and asset managers active across Asia.

Go to resources

Frequently asked questions

Why is private equity and secondaries attractive to Asian investors?
As Asian family wealth has grown, so has appetite for the return premium private markets have historically offered — and secondaries (buying existing private stakes, often at a discount, rather than committing to new funds) have become a favored way to get that exposure with shorter holding periods and earlier liquidity.
How can I get access?
This lane is typically accessed through private banks, dedicated PE/VC funds, or family-office co-investment — much higher minimums and lower liquidity than public markets. For a deeper primer, see secondariesexplained.com.
What should I watch out for?
Illiquidity, high minimums, and manager-selection risk are real; secondaries in particular require judging a fund's remaining portfolio quality, not just its brand name.