Private equity allocation by Asia family offices is set to rise as investors adapt to geopolitical risks and inflation, according to a 2026 global survey by J.P. Morgan Private Bank. The study covered 333 family offices across 30 countries, including key Asia hubs such as Singapore and Hong Kong, and found portfolios remain heavily tilted toward public equities and private investments, which together account for more than two-thirds of assets. About 37% of Asia family offices

AIIB Keppel private credit fund commitment will reach up to USD125m after the Asian Infrastructure Investment Bank agreed to back Keppel Private Credit Fund III, the companies said. Keppel said the pledge includes a USD75m investment and a co-investment sleeve of up to USD50m, lifting the fund’s funds under management to more than USD561m. It is AIIB’s first investment under a strategic partnership signed in June 2025 that aims to mobilise up to USD1.5bn of sustainable infras

Family offices private equity diversification is accelerating as investors shift more capital into private equity and other alternatives while broadening jurisdictions to manage geopolitical and regulatory risks, according to Ocorian’s 2025 Family Office Report cited by Circle Family Office founder Amin Naj. Pureprofile surveyed 200 family office leaders, family members and advisers in June 2025 and found more than 75% plan to materially increase private equity allocations ov

Asia family offices private equity exposure is set to increase as volatility in public markets pushes investors towards longer-term, less correlated returns, a Schroders Wealth Management survey showed. The poll of 60 family office executives in Singapore, Hong Kong, and across Southeast Asia and India found 52% plan to raise private equity allocations over the next three years, ahead of public equities at 38%, hedge funds at 33%, and bonds and real estate at 22% each. Schro

Hong Kong private equity hub prospects remain strong as the city positions itself to lead Asia’s private markets, Financial Secretary Paul Chan Mo-po said. Chan said Hong Kong hosts more than 650 private equity firms with assets under management of about USD230bn, supported by deep liquidity in asset and wealth management, a rapidly expanding family office ecosystem and strong capital inflows. He highlighted opportunities in hard technology including artificial intelligence,

Blackstone Asia hiring plans are accelerating as the alternative asset manager looks to capture rising private market demand from individual investors, Ed Huang, its Asia-Pacific private wealth head, said. Blackstone has roughly doubled its regional team over the past two years and is expanding in Japan, adding staff in Australia and placing people on the ground in South Korea. Huang said the firm sees strong potential in offering private equity and private credit products to

SC Capital Japan hotel strategy has secured a major capital commitment as investors position for a tourism rebound. Singapore-based real estate investment manager SC Capital Partners said it has secured backing from Canada Pension Plan Investment Board for its Japan hospitality strategy, supported by a consortium including an existing institutional investor. The initial commitment totals up to USD330m, with capacity to scale to USD719m, while CPP Investments will invest up to

China national M&A fund planning is under study as authorities seek to sharpen the strategic direction of government-backed investment vehicles, the state planner said. Wang Changlin, a vice head of the National Development and Reform Commission, said the proposed national mergers and acquisitions fund would support innovation and entrepreneurship and accelerate the development of so-called new quality productive forces. He added that building a modern industrial system requi

KKR has raised USD2.5bn for an Asia-Pacific performing private credit strategy as investors, including family offices and institutions, seek yield outside public markets. The capital includes USD1.8bn for KKR Asia Credit Opportunities Fund II and USD700m from separately managed accounts targeting similar opportunities, the firm said. KKR described ACOF II as the region’s largest pan-regional performing private credit fund, following its first Asia-dedicated vehicle that close

Ares Management is expanding its Hong Kong office footprint in Central, reinforcing its long-term commitment to the city as global asset managers seek higher-quality space. Ares will add about 12,500 square feet in Gloucester Tower, where it has been a tenant since 2017, with the new lease taking effect in March, landlord Hongkong Land said. The Ares Hong Kong office expansion comes as financial firms upgrade premises in the core business district. Hongkong Land said banks an

South Korean prosecutors have sought arrest warrants for MBK Partners chairman Michael Byung-ju Kim and three other executives over alleged misconduct at supermarket chain Homeplus. Prosecutors allege the executives knew a credit-rating downgrade was likely but still pushed Homeplus to issue asset-backed bonds in February last year before the retailer entered court receivership, causing investor losses. Warrants were requested for Homeplus CEO Kim Kwang-il, MBK vice president

Japan real estate fund fundraising is accelerating as Goldman Sachs seeks to raise about USD500m for a Japan-focused property vehicle, aiming to capture a rebound in the market driven by low borrowing costs and a weak yen, sources said. The value-add Japan real estate fund has been marketed to investors in recent months and plans to invest across data centres, logistics, residential and hospitality assets, targeting mid-teen returns. A first close is expected by end-March. Ja

Billionaire family offices permanent capital strategies are reshaping global dealmaking as wealthy families bypass traditional funds to invest directly across sectors including artificial intelligence, deep technology, data centres and healthcare. Deloitte estimates billionaire family offices permanent capital totals about USD5.5tr, up 67% from five years ago, and could exceed USD9tr by 2030, potentially overtaking hedge funds. The number of single-family offices has grown to

Asia dealmaking 2025 rebounded strongly as transaction volumes across the region reached about USD1.3tr, up 21% year on year, according to Bloomberg-compiled data cited by bankers. Advisers said renewed momentum in China and record activity in Japan are setting the stage for a robust start to 2026, led by consumer, healthcare, TMT and sponsor-driven transactions. Citigroup’s Jan Metzger said the M&A pipeline is among the strongest he has seen. In China, multinationals are in

Singapore family office private equity activity is in focus after Far East Capital, the family office of Far East Organization, acquired preference shares in oat-milk maker Oatside in a late-November secondary transaction, according to people familiar with the deal. The stake was bought from early backer Mugi Capital, which has supported Oatside since 2021 and has transferred more than half its holdings to existing shareholders. Based on DealStreetAsia’s August 2025 valuation

Amova Asset Management Malaysia expansion is under way after the Japanese firm, formerly Nikko Asset Management, agreed to lift its stake in AHAM Asset Management Bhd to 97.7% from 20% by acquiring shares from CVC Capital Partners and other investors, subject to regulatory approvals. AHAM Capital said assets under management at the group, including Islamic unit AIIMAN, exceeded RM100bn (USD22.7bn) as of Nov 30, placing it among Malaysia’s top three managers. Amova, part of Su

Malaysia family office real estate investment is accelerating after a Malaysian family office agreed to acquire a major stake in Lendlease’s flagship Exchange TRX precinct in Kuala Lumpur for about MYR1.1bn (USD240m). Lendlease said the transaction includes a 40% interest in the Exchange TRX retail mall and its entire 60% stake in the office tower, while the Australian developer will retain 20% of the mall, 60% of the hotel and 60% of the residential land plots, and continue

Japan multifamily fund activity is accelerating as Samty said it has reached a USD500m final close for a new Japan multifamily fund, highlighting rising institutional and family office capital allocation to residential assets. The fund, formed with a sovereign wealth fund, has already deployed USD200m into an initial portfolio of newly built properties in major residential hubs. Hillhouse Investment Management will serve as general partner through its real-estate arm Rava Par

Warburg targets cross-border services demand in Asia after agreeing to invest in corporate services provider Acclime to fund the group’s expansion as cross-border business activity increases. The transaction could value Acclime at USD950m to USD1bn, although financial terms were not disclosed. Founded in 2019 by Martin Crawford, Acclime provides accounting, human resources, payroll, tax, risk and advisory services. Warburg said Acclime has completed more than 50 acquisitions,

PE and VC fundraising remained subdued in 2025, with global venture capital funds raising USD64.4bn in the first nine months, less than half of 2024’s total, according to Preqin. Asia-Pacific was the weakest region, with USD9.5bn raised compared with USD34.2bn in 2024, as investors stayed cautious on new commitments. Private equity funds raised USD507bn, around 73% of last year’s level, and Preqin expects a modest full-year decline. Exit activity showed signs of recovery, wit