Schroders, KBank Private Banking launch China secondaries-focused fund in Thailand

Schroders Capital and Kasikornbank’s private banking business have launched a secondaries-focused China private equity fund to tap capital from private wealth investors in Thailand. 

The fund, which is managed by Schroders Capital, is targeting high-growth companies in technology, consumer, and healthcare sectors that offer attractive discounts in China’s secondaries market to capture the dislocation opportunities, according to a company statement on Tuesday.

The strategy is co-developed by Schroders Capital and KBank Private Banking to provide Thai private wealth investors access to China’s RMB private equity market. 

“The long-term fundamentals of the China private equity market remain highly appealing with attractive opportunities, especially in RMB secondaries. With limited players in the nascent China’s secondaries market, we are excited by this partnership with…