Asia PE fundraising falls 28% in 2019
Capital committed to Asia-focused private equity managers fell 28% year-on-year to $104.4 billion in 2019, largely due to a drop-off in activity in the pan-regional buyout and venture capital segments. Investments and exits were also down on the previous year, according to provisional data from AVCJ Research.
Pan-regional managers raised $18.2 billion, down from $57.2 billion in 2018. Put another way – and if renminbi-denominated vehicles are excluded – their share of overall fundraising fell from 50% to...
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