Private equity deals in Asia Pacific declined 19.7 percent year-on-year during the first seven months of 2013, to $12.2 billion from $15.2 billion, according to figures from data provider Thomson Reuters.
Deal volume in the region also declined 30 percent to 218 during the same period.
|Asia Pacific|| Deal
Excludes real estate transactions
Source: Thomson Reuters
Despite an overall decline, private equity firms invested 18 percent more in value terms in Southeast Asia during the first seven months of this year than during the same period last year. Up to August 2013, $30 billion was invested in the region, compared to just $25.4 billion the year before.
However, the number of transactions did decline to 546 from 663, suggesting fewer, but larger deals were completed in the sub-region.
In particular, bucking the trend was Vietnam, which during the first half of 2013 attracted $535 million worth of private equity investment, a record first half amount that already exceeded the full year totals for the last four years, according to data from Private Equity International and Dealogic.
To June 30, two out-sized deals in Vietnam accounted for the bulk of the investment: a $200 top-up investment in Masan Consumer from Kohlberg Kravis Roberts and a $200 million buyout of real estate group Vincom Retail by a Warburg Pincus-led group.