Private equity-backed exits, however, more than halved in value y-o-y. IPOs were also muted. Photo: Bloomberg
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Private equity (PE) activity in Southeast Asia (SEA) showed good momentum in 1Q2024, rising 31% in deal value and 89% in deal volume y-o-y.
During the quarter, EY noted a total of 17 deals that deployed US$586 million ($788.51 million) in SEA, compared to nine deals that deployed US$447 million in 1Q2023.
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