Private Capital in Asia-Pacific Insight into this Diverse Market - - PowerPoint PPT Presentation
Private Capital in Asia-Pacific Insight into this Diverse Market Ling Yan Teo Manager - Asian Fund Managers 19 June 2017, Asia-Pacific Fund Finance Symposium, Hong Kong Overview Asia-Pacific Fundraising strong start to 2017
Ling Yan Teo
Manager - Asian Fund Managers 19 June 2017, Asia-Pacific Fund Finance Symposium, Hong Kong
www.preqin.com
www.preqin.com
Private Equity & Venture Capital Hedge Funds Real Estate Private Debt Infrastructure Natural Resources
San Francisco New York London Hong Kong Manila Singapore
Clients include over 44,000 industry professionals from 16,000 firms MulM award-winning service Data available via online databases, publicaMons and research reports
www.preqin.com
193 190 189 187 157 101 36 39.7 44.8 36.1 36.2 36.1
50 100 150 200 H1 2012 H1 2013 H1 2014 H1 2015 H1 2016 H1 2017 (to date)
H1 2012 - H1 2017 Asia-Pacific-Focused Private Capital Fundraising
Aggregate Capital Raised ($bn) Source: Preqin Private Equity Online
49% 61% 55% 59% 59% 59% 26% 23% 26% 24% 28% 27% 18% 12% 15% 13% 10% 11% 7% 4% 3% 4% 3% 3% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2012 2013 2014 2015 2016 2017
% of Total Capital
Private Capital Fundraising by Geographic Focus, 2012-2017 YTD
US Europe Asia-Pacific ROW
N.B. Figures based on fund primary geographic focus i.e. won’t capture $ invested in Asia by vehicles with primary investment focus outside of Asia-Pacific
www.preqin.com
Source: Preqin Private Equity Online
50 100 150 200 250 300 350 400 450 2012 2013 2014 2015 2016 2017 YTD Average Fund Size ($mn) Year of Final Close
Average Fund Size of Asia-Pacific-Focused Private Capital Funds
www.preqin.com
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2012 2013 2014 2015 2016 2017 YTD Aggregate Capital Raised ($bn) Year of Final Close
Asia-Pacific-Focused Aggregate Capital Raised by Asset Class, 2012 - 2017 YTD (As at May 2017)
Natural Resources Infrastructure Real Estate Private Debt Private Equity
Source: Preqin Private Equity Online
www.preqin.com
Source: Preqin Infrastructure Online
20 40 60 80 100 120 140 160 180 200 100 200 300 400 500 600 700 800 2012 2013 2014 2015 2016 2017 YTD Aggregate Deal Value ($bn)
Number and Aggregate Value of Infrastructure Deals Completed in Asia-Pacific, 2012 - 2017 YTD (As at May 2017)
Aggregate Deal Value ($bn)
www.preqin.com
Source: Preqin Venture Capital Online
10 20 30 40 50 60 70 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 2012 2013 2014 2015 2016 2017 YTD Aggregate Deal Value ($bn)
Venture Capital Deals* in Asia-Pacific, 2012 - 2017 YTD (As at May 2017)
Aggregate Deal Value ($bn)
*Figures exclude add-ons, grants, mergers, secondary stock purchases and venture debt
www.preqin.com
15.7% 11.1% 13.0% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Median Net IRR Vintage Year
Private Capital - Median Net IRRs by Vintage Year and Geographic Focus (As at May 2017)
Asia Europe North America
Source: Preqin Private Equity Online
www.preqin.com
Source: Preqin Online Products
68% 67% 35% 49% 52% 16% 18% 13% 17% 16% 8% 10% 37% 21% 25% 7% 6% 15% 13% 7% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Natural Resources Private Debt Infrastructure Real Estate Private Equity
Breakdown of Asia-Pacific-Focused Private Capital LPs by LocaMon
North America Europe Asia Rest of World
www.preqin.com
51% 54% 20% 18% 18% 21% 11% 7% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Aggregate Capital Targeted
ProporMon of Total
Private Capital Funds in Market by Geographic Focus
US Europe Asia-Pacific ROW
Source: Preqin Private Equity Online
N.B. Figures based on fund primary geographic focus i.e. won’t capture $ invested in Asia by vehicles with primary investment focus outside of Asia- Pacific.
www.preqin.com
www.preqin.com
www.preqin.com
Ø 21% of capital being raised by funds on the road focused on Asia-Pacific (2nd only to US) Ø 95% of LPs looking to maintain or increase their PE allocaMon to Asia Ø 86% of GPs looking to invest the same or more capital in Asia in 2017 than in 2016.
www.preqin.com
www.preqin.com
Request further informaMon from info@preqin.com Follow us on Twiker: www.preqin.com/Twiker Find us on LinkedIn: www.preqin.com/LinkedIn