SEA investment activity in 1Q20 falls 65% to US$1.4 bil; 2Q20 activity expected to be slow, says EY

SINGAPORE (July 8): Private equity (PE) and venture capital (VC) investment activity across Southeast Asia reported a slowdown in 1Q20 amid the Covid-19 pandemic.

According to the EY Private equity briefing: Southeast Asia (June 2020) report, a total of 141 deals worth US$1.4 billion ($1.95 billion) were announced, representing a 9% and 65% dip y-o-y in the total number of deals and value respectively.