Private debt fund managers invest in debt positions of private companies through new issuances or secondary acquisition of loans. We examine which strategy performs best using data from over 400 investments into private companies located in 13 Asian countries between 2001 and 2015. Trading...

This paper analyses the introduction of leveraged buyouts in China and Taiwan. It focuses on how leveraged buyout firms (foreign financial intermediaries) operate in institutional environments where the state and family blockholder groups are important owners and stakeholders in the private...

This chapter contributes to the new body of research on Asian private equity markets. We describe the institutional development of Asian LBO markets, drawing on historical comparative studies. Financial returns to Asian LBOs and growth investments are analyzed with reference to returns to going...