Summary
The Employees Provident Fund of Malaysia is looking to sell a $1 billion private markets portfolio through an LP-led process, with Campbell Lutyens advising on the deal. EPF, managing MYR1.22 trillion ($271.3 billion), has MYR53.91 billion invested in private equity. Recent trends show a rise in LP-led secondaries transactions in the APAC region, including a potential $2 billion portfolio sale by Taiwanese insurer Nan Shan Life Insurance. Taiwanese insurers are reducing private market exposure ahead of new regulatory capital standards. In 2022, LP-led transactions accounted for 51% of the $155 billion secondaries market volume.