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David Azcue Quoted in Asian Legal Business on Japan Private Equity Activity and Outlook for 2024

02.15.24

David Azcue, Co-Head of Simpson Thacher’s Private Funds Practice in Japan, was quoted extensively in an Asian Legal Business article titled, “Private Equity: New Dawn.” The article discussed Japan’s emergence as the latest hotspot for private equity investment in Asia and further detailed the 2024 outlook for Japan’s private equity market, which appears to be on continued positive trajectory. Looking ahead, David explained, “Barring significant shocks, the outlook remains strong.” He further noted, “The underlying fundamentals are likely to remain consistent, with low EBITDA multiples, cheap debt and a weak yen making investments attractive economically, continued effective government support for the PE industry through smart policies, continued growth and acceptance of private equity M&A, and increasing interest from international players.”

To read the full article, please click here.