The private equity sector in South East Asia is confronted with a limited pool of attractive targets as well as fragmented markets that are characterised by volatility and intense competition. This was the overriding theme at a recent discussion at an event that was co-organised by the Singapore Venture Capital & Private Equity Association (SVCA) and Bain & Company.
While private equity firms are growing their social capital in the region, with broader and deeper networks among various industry verticals in ASEAN markets, the discussions highlighted the fragmented narratives found across the different ASEAN markets in which these firms are competing.