Deal value across Asia-Pacific region reached a record high of $185 billion in 2020, up 19 percent from 2019 and 23 percent over the previous five-year average, spurred on by investor activity in China, India, and Japan.

Dealmaking was the bright spot in 2020, reaching a fresh peak of $185 billion, helping Asia-Pacific assets under management rise to 28 percent of the global private equity market, according to Bain & Company’s 2021 annual «Asia-Pacific Private Equity Report,» released today.

While China and India increased their share of deal activity in the region, travel restrictions affected deal activity significantly in Southeast Asia, where deal value declined 16% over the previous five-year average, the report said.

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