Secondaries in Asia
How is the secondaries industry like in HK/SG? Top shops, compensation, lifestyle etc. Thoughts vs direct PE as an exit opp for bankers? Appreciate if anyone has any color on this exciting space in Asia!
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These groups work exceptionally hard and with very long hours. Most of the funds are really small unless you are part of a satellite office for like HarbourVest or Ardian.
Fwiw, I have never seen anyone in a FoF move to a GP in Asia, but secondaries professionals in Asia seem to have much more stability with career progression. I would be curious to know what they are paid.
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