Infrastructure deals made up 78% of PE investments by value, followed by real estate at 12% and technology at 4%. The report finds that Singapore and Malaysia contributed to the majority of deals, representing some 92% of total PE value and 57% in PE deal volume in 2Q2024.
Private equity (PE) activity was up 10-fold in deal value and 1.6 times in deal volume for the 2Q2024 compared to the previous quarter, according to the EY Quarterly Private Equity Update: Asean 2Q2024 report.
For the second quarter of the year, there were 28 deals worth US$5.6 billion ($7.52 billion) deployed across Southeast Asia, up from the 17 deals worth US$586 million in the quarter before.
