Description: Did you think private equity had peaked with Blackstone's IPO? Not at all. It's back with a vengeance in Asia. China in particular has discovered that this modern alchemy can create well-run, profitable companies that might even repopulate and drastically transform its public securities markets. The fusion of entrepreneurialism in many emerging Asian markets with sophisticated private equity investment strategies presents historic opportunities -- and commensurate challenges -- to investors and their advisors. Mr. Eich, the senior partner in Kirkland's Hong Kong office, illuminated some of each while discussing key legal developments and trends affecting private equity in Asia.