Macro Economy

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

• What: Asia-focused private equity managers are facing a fundraising slump, exacerbated by the Iran war.
• Why: The war has introduced a new layer of uncertainty, making it difficult for managers to secure investments.
• Signal: This is not unlike the impact of tariffs, which previously disrupted global markets and fundraising efforts.
• Target: Private equity managers are likely to target more conservative investment strategies to mitigate risks.
• Risk: The ongoing conflict poses a significant risk to Asia's economic stability and private equity growth.