GPs expect more China-Middle East capital flows but fundraising challenges persist

GPs expect more China-Middle East capital flows but fundraising challenges persist

(From left to right) Henry Zhang, President & Managing Partner, Hermitage Capital; Stephanie Li, Reporter, DealStreetAsia; Elizabeth Di Cioccio, Managing Director – Capital Markets, EMEA, Gaw Capital Partners; and Cliff Chau, Managing Partner, ewpartners pose for a photo after their panel titled “Chinese private market taps Middle East capital as West adopts caution?” at DealStreetAsia’s Asia PE-VC Summit 2024 on September 17, 2024.

Investors expect increasing industrial collaborations and capital flows between China and the Middle East despite slowdowns across markets globally, but challenges remain for fund managers looking to translate the closer regional ties into actual fundraising.

Edited by: Pramod Mathew