Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- Indonesia’s sovereign wealth fund INA is open to more collaborations and co-investments with private investors, as it deployed $3.3 billion in 2023.
- GoTo chief Patrick Walujo credited TikTok for saving Tokopedia from intense competition in the Indonesian e-commerce market.
- Limited partners (LPs) are shifting their focus to mid-sized funds in Southeast Asia as capital flow in China slows down.
- Southeast Asian startups saw a 51% decrease in private capital raised, according to a recent report.
- Venture investors expect the funding market in the region to remain turbulent this year.
- BPEA Credit plans to launch a $750 million India-Southeast Asia fund.
- Canada’s largest pension funds are expanding into private credit.
- The International Finance Corporation is considering a $25-40 million investment in Navis Capital’s debut credit fund.
- Private market investors are turning to buyout opportunities, especially in Greater China, due to macroeconomic headwinds.
- AC Ventures raised $210 million for its latest fund and co-investment vehicles, with investments from IFC and institutional investors from the US, Middle East, and North Asia.
APAC Private Markets Research
Explore latest Insights on APAC Private Markets on Smartkarma
Disclaimer:This article by is general in nature and based on publicly available information and not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material. While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
Also, check out the latest in ECM Research on Smartkarma
