Southeast Asia private equity capital deployed down 41% y-o-y to US$3.9 bil in 2023: EY

Southeast Asia saw a total of 22 private equity (PE) deals deploying US$3.9 billion ($5.26 billion) in 2023, down from the 38 deals deploying US$6.7 billion in the preceding year, according to the “EY Quarterly Private Equity Update: Asean (2023)” report.

Health care deals accounted for more than a third (36%) of PE investments in Southeast Asia, followed by telecommunications and digital infrastructure (31%) and business services (15%).