Private Equity

Vietnam-based private equity firm Mekong Capital has been awarded a proof-of-concept grant from Convergence for its impact initiative, a multimillion-dollar blended finance project that aims to provide private growth stage funding and technical assistance for regenerative agriculture and sustainable land use businesses in the Lower Mekong region.

Private capital industry leaders have on Wednesday launched Vietnam Private Capital Agency (VPCA) to drive $35 billion in private investments in Vietnam by 2035.

The Securities Commission Malaysia (SC) has on Thursday issued the first edition of the ‘Practical Guide on Venture Capital and Private Equity in Malaysia’ (Guide) in Malaysia.

The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume dropped 24 percent in the same period, Bain & Company said Thursday.

The Securities Commission Malaysia (SC) said Monday it will soon launch a five-year micro, small and medium enterprises (MSME) Roadmap, which aims to provide increased access to the capital market for MSMEs.

Tsangs Group, an innovation-focused family office that bridges East and West, and the family office of entertainment technology pioneer John Textor have signed a partnership agreement to jointly invest globally in entertainment, sports, and media.

Indian government backed fund National Investment and Infrastructure Fund Limited (NIIF) has announced a commitment of INR 207 crores ($25 million) to private equity firm Amicus Capital.

Temasek-backed private equity firm ABC Impact has announced the successful first closing of its second impact fund, ABC Impact Fund II. Launched in August 2023, ABC Impact Fund II has garnered support from new investors, notably a Southeast Asian sovereign wealth fund.

Singapore-based Asia Partners Fund Management announced Tuesday that it has closed its Southeast Asia second tech fund at $474 million. Including the $384 million close of its debut fund in 2021, Asia Partners now has $1 billion in assets under management.

The healthcare sector continued to be a hub of private equity (PE) deal activity in 2023, reaching $60 billion in announced deal value, despite higher global interest rates, inflationary pressures, and broader geopolitical uncertainty, Bain & Company said Wednesday.