In the 8th episode of RPM—Reflections on Private Markets, Private Equity team members Vincent Hsu and Zhiyao Ma join Michael Venne to discuss China's Private Equity healthcare market. We cover how StepStone is organized in China (0:42); changes in the types of investors pursuing China healthcare (4:18); why investors should invest in China healthcare through a private market vehicle (8:50); and how GPs and LPs have responded to this dynamic investment opportunity (10:31).