Asia’s private-markets allocation playbook is being rewritten. LPs are reassessing not only how much capital to commit to the region, but how to build portfolios across geographies, strategies and managers in a market where liquidity remains uneven and the cost of getting manager selection wrong has risen sharply.
This session will examine how institutional portfolios are changing across primaries, secondaries, co-investments and direct exposure; whether LPs are concentrating capital with fewer established managers or still making room for emerging and specialist GPs; and how liquidity needs, fund financing and more complex portfolio structures are influencing allocation decisions. It will also look at the changing LP-GP relationship, from transparency, alignment and fund sizing to the growing emphasis on DPI and credible exit pathways. Above all, the panel will ask what Asian GPs now need to demonstrate to win the next commitment, and what will separate managers that continue to attract institutional capital from those that are left behind.
