Chairman and CEO of CLSA Capital Partners, Richard Pyvis, is a big believer in the Asian growth story, but says riskier buyouts will become harder to finance. He also says the success of recently completed large-scale deals will only be proven when these investments are exited and profits tallied. FinanceAsia speaks to Pyvis about the fallout from the liquidity crunch sparked by the US subprime crisis.
How do you view the opportunity for private equity in Asia
We have a range of funds which in total aggregate around $2 billion under management. We are believers in the emerging Asian story. We strongly believe in our underlying investment hypothesis there are a billion baby boomers...
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