Media coverage
Brooke Zhou discusses the Chinese private equity market with Private Equity International
In a recent article by Private Equity International, Brooke Zhou, Partner at LGT Capital Partners, talks about the repositioning of the Chinese private equity market. She sees a healthier market dynamic emerging from one of the country’s most challenging fundraising cycles.
Brooke argues that the sharp correction in sentiment that has characterized China's private equity market in recent years has served an important purpose: separating managers who relied on favorable market conditions from those with genuine investment skill. She adds that challenging cycles reveal how people react to and overcome the obstacles they encounter as investors.
With the prevailing negative sentiment driving away many investors and managers, those with conviction have found themselves in a significantly less competitive market. The resulting opportunities have yielded promising results, enabling high-quality assets to be acquired at large discounts.
Read the article (behind paywall) here.
