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Southeast Asia PE deal value surges to $30 bil in 1Q, led by Singapore

Michelle Zhu Published on Mon, Jul 09, 2018 / 2:57 PM GMT+8

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SINGAPORE (July 9): Total private equity (PE) and venture capital (VC) deal value in Southeast Asia hit a historic high of US$21.9 billion ($29.7 billion) over 19 deals in 1Q18, significantly up from 26 deals worth US$687 million a year ago.

This is according to EY’s Private equity briefing: Southeast Asia (June 2018) report, which offers a roundup of the PE deals and capital activities across major sectors in the region.

The latest surge in PE/VC deal values came on the back of two large-size secondary transactions by Global Logistic Properties (GLP) and Equis Energy, which largely contributed to 1Q18’s largest total exit value recorded since 2013 at US$17.7 billion over nine completed deals.