PE deals in APAC reach record levels in 2018 but fundraising drops

US dollars. Photographed by Colin Watts on Unsplash

Private equity deals in the Asia Pacific rose to $165 billion in 2018, a record for the region, but fundraising by general partners (GPs) slid over 50 per cent partly due to a dry powder pileup, according to a Bain & Co report.

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