The market for secondaries transactions appears to be gaining momentum as the private equity and venture capital industry matures in Asia, especially in India. In fact, secondary share sales have become the biggest source of exits for VCs in India given that IPOs and large strategic M&As are still scarce and infrequent.
Hong Kong-based TR Capital Partners is focused on India and China even as it is bullish about the prospects of secondaries transactions in the Southeast Asian region.