'Not unlike tariffs': Iran war threatens to deepen Asia private equity's worst fundraising slump in a decade

Blackstone Group's logo on display during the opening of the company's new office in Singapore.Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge late last year as exit values picked up and cash distribution for investors started flowing again, encouraging private equity to resume preparations to launch new funds after a multiyear lull in activity. But now, that ...