LP approaches to building Asia private markets portfolios are evolving, as investors reconsider how to allocate across strategies, geographies and investment routes, while balancing diversification with the need to build deeper manager relationships. Portfolio construction is being influenced by structural shifts in capital flows, including the regionalisation of supply chains, increasing market fragmentation and the growing importance of geopolitical factors, raising the question of whether traditional approaches such as vintage diversification remain sufficient.
The discussion will focus on how LPs are defining resilience within their portfolios, making allocation decisions across markets, and selecting managers in this changing environment, and how these choices shape portfolio construction over the longer term.
