Summary: Few sectors in the Chinese economy today are untouched by private equity. The sector is awash in capital, but competition for deals is intense. Well-funded, well-connected local players are posing a fresh challenge to foreign firms. And the battle for top talent is red hot. The sector is starting to take on characteristics of more developed markets, leading some to ask, "Is private equity finally coming of age in China?" In this podcast, Nick Leung discusses this topic with Bruno Roy and Joe Ngai. Nick is Managing Partner of McKinsey's Greater China practice, based in Beijing. Bruno is a Partner in Beijing and leads McKinsey's Principal Investors Practice in Greater China. Joe is a Partner in McKinsey's Hong Kong office and leads the Asset Management Practice.
