Despite COVID-19, Asia Pacific PE deal value hits record high in 2020: Bain

Despite COVID-19, Asia Pacific PE deal value hits record high in 2020: Bain

Photo: REUTERS/Beawiharta

Despite the global COVID-19 disruption, private equity investors in the Asia-Pacific region generated a record high deal value of $185 billion last year, according to the latest report by global advisory firm Bain & Co.

It was a startling year of contrasts for the region’s PE market, according to Bain, as lockdowns precipitated a plunge in first-quarter activity. Investors, however, quickly jumped back into the market in the second quarter, with dealmaking reaching its peak in the fourth to boost the region’s deal value to a record high.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter