Southeast Asia private equity deal value fell 52% y-o-y; Singapore attracted bulk of capital: Bain & Co

Southeast Asia private equity market’s long-term macro fundamentals remain strong despite an overall slowdown in deal activity last year, according to Bain & Co’s Southeast Asia Private Equity Report 2023.

According to the report, deal value in Southeast Asia fell 52% y-o-y in 2022 to US$13 billion, while deal count declined 15% y-o-y to 176. Activity in the region was strong in the first half of the year — matching 2021 activity levels — before falling in the second half.