Interview with Vincent Warner, Managing Director and Chief Executive Officer, Chepstow Capital Vincent, a sponsor at the marcus evans Private Wealth Management APAC Summit 2010, on how mid-market companies are driving growth in Asia. (Extracted from our partner event Press Release) What barriers are family offices in Asia facing at the moment? Vincent Warner: There has been a significant change in the private equity landscape in Asia. Many groups which started as mid-market private equity firms have grown in size and are now concentrating on larger cap investments. Equally, many firms which established themselves, or opened offices in Asia with a buy-out strategy have eventually realised that Asia does not have as many buy-out opportunities as exist in the West; so their strategies have needed to shift towards significant minority and influence, instead of control investments. Family offices and foundations are therefore facing difficulty in identifying groups with enough experience,...