Asia Pacific-based limited partners (LPs) are the most bullish on secondaries, as they are also more positive about private market distributions than global peers, according to Coller Capital’s Global Private Equity Barometer released on Tuesday.
Nearly 70% of LPs from the region plan to increase their allocations to secondaries, compared with 38% globally, the report showed.
Within the strategy, private equity (PE) is seen as the primary source of growth over the next three years, with 73% of investors sharing the view. Secondaries in the credit and infrastructure space follow with 63% and 60% of respondents, respectively, expressing confidence in an upward momentum.
At the global level, LPs favour continuation funds the most to generate liquidity in the next 12-18 months. Dividend recaps come second, as the tool is particularly supported by APAC allocators.
