SOE restructuring set to fuel China buyout market

China's restructuring of state-owned enterprises (SOEs) is set to further accelerate the rise of buyouts in its private markets, according to an industry player. However, the private markets manager said that China still lacked a functioning debt market which could support more buyout activity. Christoph Rubeli, partner and co-chief executive of private markets manager Partners Group took up the role of co-head of investments at the start of this year. He travels between the com…