S-E Asia achieves record year with US$20b in PE deal value

Singapore led the region's performance with more than US$5 billion in deal value, due mainly to ride-hailing firm Grab's fundraising of more than US$2.5 billion last year.

PHOTO: ST FILE

Singapore

SOUTH-EAST Asia scored a record year in private equity with US$20 billion in deal value in 2017, more than double the US$8 billion recorded in 2016, going by Bain & Company's 2018 South-east Asia Private Equity Report which was released last week.

Singapore led the