However, while the number of distressed situations in the country is predicted to increase, skepticism remains over whether they will be attractive to investors, according to a survey from Debtwire.
Dubai World's debt problems have cast a slur on the region's reputation, but investors should avoid forming a link between government capital and private capital.
The latest Coller Capital private equity barometer shows LPs globally are less positive on private equity, with Asia-Pacific LPs standing out as the most downbeat.
Buoyed by growing government support across Asia, private equity interest in renewable energy is strong and getting stronger. But the presence of big-ticket government subsidies in the sector is also a big deterrent, finds Jenny Blinch.