Australia’s Square Peg Capital to focus on consumer Internet plays in ASEAN

Australia’s Square Peg Capital, which recently raised an oversubscribed $180 million fund and currently manages approximately A$300 million in assets, has plans for Southeast Asia that concentrate on consumer Internet plays, given its recognition of the ASEAN technology ecosystem reaching an inflection point as the regional economy matures.

Square Peg is currently evaluating the requirements for a permanent presence in SEA, with the firm considering locations such as Malaysia or Singapore for a Southeast Asia office, Tushar Roy, a Sydney-based partner at the firm told this portal.

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