13 Dec 2024

Asia: looking ahead to the BVCA roadshow 2025

Earlier this year, the BVCA hosted European Private Capital Conferences and Receptions in Tokyo, Seoul and Singapore, during which BVCA GP members engaged with nearly 100 institutional investors and family offices. The welcome and response was excellent. So much so that one comment from an LP has stayed with me ever since…”It’s great you’re here, but you should have been here 10 years ago.”  

Well, better late than never, and our learning in recent years is that the UK and European opportunity remains underrepresented in Asia. This is why we’ll be back w/c 24th March, working again in partnership with Government’s Department for Business and Trade, and we expect to be back every year to build closer relationships with the LP community. 

Last week, my colleagues Amy Abbott, Nicole Walker and I visited Tokyo, Seoul and Singapore for preparatory meetings, reconnecting with LPs and meeting new LPs; many of which are willing to help spread the word among fellow LPs about our return trip with GPs in March. LPs commented on the valuable follow-on discussions they’d had with GPs they met at our events earlier in the year.  

The geopolitics are an interesting backdrop. After a positive day of meetings in Seoul last Monday, by the time we got to Tokyo on Tuesday we were shocked like many about the implementation and rapid reversal of martial law in South Korea. We’ll closely monitor the situation in advance of our roadshow. More broadly, in the context of the broader global geopolitical climate, we had numerous discussions with LPs about how allocations to Europe might change in the future.  

Asian LPs are eager to learn more about European private equity, private credit and venture capital, and learning our lesson from the past decade, it’s better to engage sooner rather than later. If GP members would like to chat about joining us in March please contact Nicole Walker.  

 

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Authored by Leon de Bono
Managing Director, BVCA