Preqin Territory Guide: ASEAN 2022

 

 

The ASEAN private equity and venture capital industry entered a new phase of growth in 2021, with venture capital deal activity reaching a record $20bn, and is attempting to sustain the momentum despite headwinds. While macro tailwinds supporting long-term growth in the region over the past few years remain intact (particularly given its rapidly emerging middle class and increasing digital adoption), macro headwinds such as geopolitical tensions, rising oil prices, inflation, and interest rates have prompted investors to be selective in identifying companies that can tap on the region’s growth while maintaining strong balance sheets.

Key ASEAN Territory Guide 2022 facts:

  • Venture capital deal activity in ASEAN soared in 2021, reaching a record $20bn
  • The aggregate deal value for ASEAN in 2021 was 35% higher than the 2019 and 2020 levels combined, and 85% higher than the last peak of $11bn in 2018. Most of the deals in 2021 were in Singapore and Indonesia, which accounted for 46% and 37% of the aggregate deal value in ASEAN respectively
  • Information technology, as a sector, continues to dominate the venture capital deals made in ASEAN. There were 379 deals made with an aggregate deal value of $6.7bn in this sector in 2021

Download our report to discover the sectors and regions where deal-making is strongest.

Don't miss Cameron Joyce, SVP Deputy Head of Research Insights on BFM89.9, where he shares the outlook of ASEAN PEVC landscape.

 

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    • ') .text(item.name) .data('company-id', item.id) .data('company-data', item) .appendTo($currentResultsList); hasResults = true; } }); } if(hasResults) { $resultsContainer.show(); // Automatically select the first item if requested if (autoSelectFirst) { const $items = $resultsList.find('li:not(.autocomplete-message)'); if ($items.length > 0) { $items.first().addClass('active'); } } } else { $currentResultsList.html('
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0: (currentIndex + 1) % $items.length; $items.removeClass('active'); $items.eq(currentIndex).addClass('active'); break; case 'ArrowUp': e.preventDefault(); currentIndex = ($currentActive.length === 0) ? $items.length - 1: (currentIndex - 1 + $items.length) % $items.length; $items.removeClass('active'); $items.eq(currentIndex).addClass('active'); break; case 'Enter': e.preventDefault(); // IMPORTANT: Prevent form submission if($currentActive.length) { handleSelection($currentActive); // Use the selection handler } else { // Optional: Hide results if Enter is pressed without a selection hideResults(); } break; case 'Escape': // ESC key dismisses e.preventDefault(); hideResults(); break; case 'Tab': // Tab key dismisses and allows normal focus movement hideResults(); // Don't prevent default - allow normal tab navigation to next field break; } }); // Hide results when clicking outside $(document).on('click', function(e) { // Check if the click is outside the input AND outside the results container if(!$inputField.is(e.target) && !$container.is(e.target) && $container.has(e.target).length === 0) { if($resultsContainer && $resultsContainer.is(':visible')) { hideResults(); } } }); // Initial state check (optional) if($hiddenFirmIdInput.val()) { $idDisplaySpan?.text($hiddenFirmIdInput.val()); valueWasSelected = true; // Assume pre-filled value was selected } });

       

 

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