To set the scene, SRi’s Managing Partner APAC Helen Soulsby analyses the Asian private equity environment, and discusses the unique challenges faced by PE firms operating in Asia.
The nature of our business brings us into regular contact with both CEOs and investors.
During our conversations, it became clear that running a successful private equity (PE) or High Net Worth Individual (HNWI) invested business takes a leader with certain skills and attributes.
When looking at valuations and maturity, the environment, especially in the U.S., is more developed in the West. But when looking at trends, it’s safe to say we will see increased activity in Asia. Looking at the fast growing industry of esports, 66% of investments in this area came from within Asia last year. Investors are obviously keen about the huge consumer base in Asia and see this region as a growth engine.
Running a private investment-backed business anywhere in the world presents a whole new set of challenges for commercial leaders. In Asia, not only are there PE firms looking to invest in media, sport, technology and content, but a plethora of HNWIs and family offices. Recent statistics revealed that nearly three quarters of PE portfolio company CEOs are replaced within the investment life-cycle of a deal (from acquisition to exit), with nearly two-thirds of those replacements happening in the first 24 months. To better understand these challenges and how to overcome them, we talked to CEOs and regional leaders of seven businesses in this space in Asia.
I hope you enjoy this report on the secrets to being successful as a CEO of an invested business in Asia.
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Managing Partner for the APAC region, Helen Soulsby leads a multilingual and multinational team of 14 from the Singapore office. A discerning advisor with deep market knowledge, Helen leads senior-level searches across the ever-converging media, sport, entertainment and technology sectors for agencies, content owners, media companies and brands.
For a confidential discussion, contact Helen at firstname.lastname@example.org or on +65 9061 1411.