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Asiaâs Family-Owned Firm Founders Seek Private Equity Exit This content was published on February 4, 2021 - 03:40 February 4, 2021 - 03:40 (Bloomberg) Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their lifeâs work as the Covid-19 pandemic has upended how global business is done. After riding the regionâs rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners, help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms. âWeâve seen founders, particularly the older entrepreneurs, saying there are more challenges in the world now and that theyâre thinking about succession issues and management issues,â said Ed Huang, co-head of Asia acquisitions in private equity at Blackstone Group Inc. âPrivate equity is better understood now as either a potent ....