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Asia-Pacific Private Equity Shifts Focus Amid Declining Funds

3/24/2026

Summary

Story summary

Private equity investment in the Asia-Pacific region is increasingly focusing on advanced manufacturing and healthcare due to global uncertainties, as reported by Bain & Co.
Elsa Sit, a vice-president at Bain, stated that this shift indicates a preference for more stable returns.
Fundraising for Asia-Pacific-focused private equity funds fell for the fourth consecutive year in 2025, reaching a 12-year low of US$58 billion, a 37% decrease from 2024.
Limited partners are now more selective, preferring general partners with established track records.
The technology, media, and telecom sector remains the largest for private equity, but its share of deal value has declined to a 10-year low of 25%.

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Story summary

Private equity investment in the Asia-Pacific region is increasingly focusing on advanced manufacturing and healthcare due to global uncertainties, as reported by Bain & Co.
Elsa Sit, a vice-president at Bain, stated that this shift indicates a preference for more stable returns.
Fundraising for Asia-Pacific-focused private equity funds fell for the fourth consecutive year in 2025, reaching a 12-year low of US$58 billion, a 37% decrease from 2024.
Limited partners are now more selective, preferring general partners with established track records.
The technology, media, and telecom sector remains the largest for private equity, but its share of deal value has declined to a 10-year low of 25%.