Bloomberg

Private Equity's Job Is Made Doubly Hard by Tech in Asia

Private Equity's Job Is Made Doubly Hard by Tech in Asia

  • March 28, 2018
  • min read

Bloomberg

Private Equity's Job Is Made Doubly Hard by Tech in Asia

Five-year funds focused on Asia are paying about 12 percent, according to Cambridge Associates LLC. That's slightly less than in Europe or the U.S. but in Asia, the discrepancy between out-performers and laggards is more pronounced, according to Johanne Dessard, a partner with Bain & Company. As competition from tech giants increases, the trick, more than ever, is backing the right winner.