Data & Intelligence

Southeast Asia Data Insight (Year-End 2019)

Fund managers raised USD2.3b in 2019, the region’s highest annual total since 2013

Fund managers raised USD2.3 billion for Southeast Asia-focused funds in 2019, led by the USD500 million final close of Southern Capital Group’s fourth buyout fund. Over the past six years, PE strategies have accounted for 65% of the total capital raised for Southeast Asia. However, during this same timeframe, venture capital (VC) has grown from a nascent strategy into the region’s most dynamic, with USD960 million raised in 2019, roughly 42% of the year’s fundraising total. GPs continue to see an abundance of momentum and opportunity from their existing portfolios, as multiple follow-on funds closed in 2019, including Jungle Ventures III and East Ventures VI. The launch of Southeast Asia’s first venture debt fund, from Genesis Alternative Ventures, illustrates the growing diversification of strategies and resources offered to startups.

EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company