As private markets across Asia mature and fundraising cycles lengthen, secondary transactions are becoming an increasingly important liquidity tool for both LPs and GPs. This panel will explore the evolving “liquidity playbook” in the region, including traditional secondaries, large-scale portfolio sales, and the growing use of continuation vehicles as fund managers seek to extend holding periods while returning capital to investors.
Panellists will discuss how tighter exit conditions, DPI pressure, and shifting return expectations are reshaping deal structures and pricing dynamics. The session will also examine where Asia sits in the global secondaries ecosystem, how buyer appetite is evolving across strategies, and whether continuation funds are becoming a permanent feature rather than a cyclical tool.
