Asia PE fundraising slumps to $13b in first half of 2013
Asia private equity fundraising came to $13.8 billion in the first half of the year, down 40% on the second half of 2012, according to provisional data from AVCJ Research. This is the lowest six-monthly total since January-June 2009. PE investment reached $27.8 billion for the first half, a decrease of 10.8% on the previous six months.
Continued deterioration in the China market was inevitably a contributing factor to the region-wide decline. China-focused vehicles drew $6.5 billion between January and June, down from $8.9 billion in...
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