X (Twitter) LinkedIn
    Wednesday, December 6
    Login
    0 Shopping Cart
    X (Twitter) LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Private Equity Deals & Transactions»Shadow capital stabilised South-east Asia private equity in 2020: report
    Private Equity Deals & Transactions

    Shadow capital stabilised South-east Asia private equity in 2020: report

    December 23, 2020Updated:December 28, 20202 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    SOUTH-EAST Asian private equity (PE) deal value fell by over 50 per cent year on year in the first three quarters of 2020 and the brakes were slammed on exits, amid Covid-19 uncertainty. This comes on the back of a thriving 2019 for the region’s PE and venture capital (VC) scene, which clocked US$12 billion in deal value.

    Prior to Covid-19, the PE/VC scene was holding up well. 2019 was the third year in a row for South-east Asia in which deal value held above the US$10 billion mark, noted the report. In the seven years prior (barring US$10 billion in 2014), deal value had ranged from US$6 billion to US$8 billion annually.

    A new record of nearly 400 startups also received their first round of funding in 2019, with about 100 receiving a second round. Meanwhile, four new and nearly-unicorns joined the ranks: OVO, valued at about US$2.9 billion, as well as PropertyGuru, VNPay and Zilingo, valued at about US$1 billion each.

    According to the report, over 75 per cent of the 30 highest-funded South-east Asian startups (by published capital raised) have received shadow capital investments. In 2019, shadow capital investors amplified deal activity by participating in 60 per cent of all South-east Asia deals.

    Fund managers will need to be agile and adjust to new paradigms, including to rethink their operating and talent models to keep pace with shadow peers, the report concluded.

    SOURCE: The Business Times

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    COVID-19 Private Equity South-East Asia uncategorized
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Warburg Pincus surpasses target to close $17bn private equity fund

    October 18, 2023

    Brookfield banks $12B for its largest PE fund

    October 18, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    ZQ Capital Sells Surgical Specialties For About $800 Million

    February 3, 2021

    Private Equity Follows the Money—and the Money Is Ditching Fossil Fuels

    July 7, 2021

    Squire Patton Boggs adds new partner in London

    February 6, 2021

    BGF successfully exits investment in Cennox

    June 19, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    X (Twitter) LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?