For LPs trying to navigate the region, the challenge is not a shortage of opportunity but an oversupply of competing narratives, each with its own set of risks and agendas. Building a credible APAC allocation in the current market means making deliberate choices: which markets, which managers, which structures. How should LPs be thinking about APAC as a strategic allocation rather than an opportunistic one? What does the right manager relationship look like, and how many is too many? And for those starting from scratch, where do you begin?
