Southeast Asia private equity, venture capital investments surge 83% in second quarter

November 07, 2018

Southeast Asia’s private equity (PE) and venture capital (VC) investments surged 83.4% year-on-year in the second quarter as investors bet on the prospects of higher economic growth, a rising middle-class population, and a strong technology sector, according to a report from Ernst & Young (EY).

There were 36 PE and VC deals concluded in the region in the three months to June 30, with total investments of US$1.3 billion, sharply up from $709 million a year ago.

Read more ...

Source: Asia Asset Management