PitchBook：2026年亚太私募资本市场展望报告：年中更新（英文版）（21页）.pdf

1、2026 APAC PRIVATE CAPITAL OUTLOOK:MIDYEAR UPDATE1Institutional Research GroupAnsel Tan Director,APAC Private Capital Melanie Tng Research Analyst,APAC Private Capital Adi George Associate Data APublished on June 26,20262026 APAC Private Capital Outlook:Midyear UpdateChecking in on our 2026 APAC priv

2、ate capital predictionsPitchBook is a Morningstar company providing the most comprehensive,most accurate,and hard-to-find data for professionals doing business in the private markets.2026 outlooks3 A monetary easing cycle across APAC will drive private markets deal momentum.6 APAC exits will recover

3、 in 2026 amid easing trade tensions.11 Chinas private markets will turn inward amid global realignment.14 SoutheastAsiasventuremarketwillfinditsbottomin2026.17 The nascent GP-led secondaries market in Asia will see growth in 2026.20 References2026 APAC PRIVATE CAPITAL OUTLOOK:MIDYEAR UPDATE2Introduc

4、tionAsia-Pacific(APAC)privatemarketsentered2026expectingamoresupportivebackdrop.Inflationhadmoderatedacrossmuchoftheregion,centralbankswerebeginningtoeasepolicy,andimprovingfinancingconditionswereexpectedtosupportdealmaking,fundraising,and exits after several years of subdued activity.Six months int

5、o the year,the broad direction of that outlook remains intact,although recovery has been shaped less by a synchronized easing cycle and more by improving liquidity conditionsandmarket-specificdrivers.The most notable development has been the gradual repair of APACs liquidity cycle.Exit activity has

6、strengthened across both PE and VC,distribution activity has recovered from recent lows,and fundraising has reopened for larger and more established managers.Alternative liquidity solutions such as GP-led secondaries havealsocontinuedtogaintractionassponsorsseekgreaterflexibilityinmanagingaging port