Leading financial institutions favor investment hubs for their strategic locations, sophisticated infrastructures, strong governance, and skilled workforces. After a brief decline in global private markets investments in 2020, activities have picked up again in 2021. As Southeast Asia attracts increasing commercial and investment interests from around the world, what does this mean for Singapore as the foremost investment hub of the region? How will LP/GP relationships evolve as shadow capital investment gains momentum in private markets? What impact might more direct investments by LPs have? How can the world's leading financial cities, including Singapore, further develop their roles as global hubs for value creation of privately owned companies?