The LP View: How are asset allocators looking at the SEA opportunity?

  • Sunil Mishra, Partner, Adams Street Partners
  • Saima Rehman, Investment Officer, Disruptive Tech And Funds Group, IFC
  • Lay Hong Lee, Managing Director, Flexstone Partners
  • Michelle Teo, Editor & (former) Managing Editor, DealStreetAsia (Moderator)

Even as SE Asia has emerged as one of the most appealing regions for investment opportunities, it remains an opaque market. On the performance front, SE Asia has demonstrated impressive, resilient economic growth, but returns have been mediocre.
Private equity allocation to this part of the world has obviously been disrupted by the somber macro backdrop of rising interest rates and the reality of slow distributions. That said, Southeast Asian fund managers are still actively raising capital, seeking a total of over $10 billion, and that creates opportunities for LPs who are comfortably committed to the region.
This panel will discuss what is required to reap the expected returns from SE Asia by global LPs and how the LP-GP relationship in SE Asia has changed under the current fundraising environment.