SINGAPORE (Oct 23): Private equity funds are now looking to expand beyond their geographical mandate, according to the Asia Private Equity Outlook 2019, by global law firm Dechert.

“Private equity funds that were geographically focused, are now seeing these country-focused funds looking beyond what their original mandate was. We’re seeing, for example, China funds looking at Vietnam, there’s definitely a geographical expansion,” says David Cho, partner, Dechert.

According to the survey conducted in conjunction with Mergermarket, 75% of respondents in Asia Pacific (APAC) says geographic expansion has become significantly more important to their firm over the last three years. Benefits from such a strategy include gaining exposure to faster-growing regions or economies (75%), opportunity to make profitable connections between portfolio companies (50%) according to respondents.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook