MoFo partner Marcia Ellis was quoted in a Reuters article "Asia private equity deals set for worst Q1 since 2015, data shows".
Despite the gloomy PE-backed M&A performance in Q1, signs of a recovery are emerging with hopes of a pickup in the coming quarters. According to Marcia, middle-market deals are happening, especially in Southeast Asia. Middle Eastern funds are also eyeing raising their percentage of assets in China.