Singapore’s private equity markets will keep growing even if stocks stay lacklustre
There are various ways for companies to raise capital without going public, says Hartley Rogers of PE investment giant Hamilton Lane
Add BT as a preferred source
[SINGAPORE] The lack of vitality in Singapore’s stock market is not likely to hamper growth in the private equity (PE) space, as companies find other ways to raise funds, said Hamilton Lane, one of the world’s biggest private markets investment firms with more than US$947 billion in assets under management (AUM).
Pointing out that initial public offerings (IPOs) have generally fallen in the past few years in key global listing hubs, Hartley Rogers, executive co-chairman at the firm, told The Business Times in an exclusive interview that businesses can seek other capital-raising options, instead of going public.
“Broadly speaking, IPO activity in the world has come down. And I think that’s a more fundamental question, because what you have in the private markets is so much dynamism, so many different participants, so many different ways that they can play that it’s quite feasible today for a company never to go public.”
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
