Australia's private equity firms and top global buyout firms are still finding attractive deals in the local market through companies that are leveraged to Asian growth, despite an increasing investor focus directly on China and India, industry executives said on Thursday. "I can't see a single negative for Australian private equity from Asian growth," said Archer Capital Managing Partner Peter Wiggs, adding that for investors Australia was not an "either/or proposition" compared with larger Asian markets. "There's still more capital sloshing around globally than you can poke a stick at," he told a private equity industry conference. Archer, one of Australia's four largest buyout firms, has $2 billion in assets under management.
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