Valuations in Asia a challenge, continue to be quite high: EQT Partners' Tak Wai Chung

A surge in competition among private equity (PE) players and advent of a new class of investors — pension funds, family offices and insurance firms — keen on deploying large amounts of capital in Asia Pacific do not seem to have deterred Swedish PE firm EQT Partners as the firm claims it is currently witnessing a strong deal flow in the region.