Singapore's Tower Capital Asia gung ho about exits despite gloomy outlook for PE firms

Singapore's Tower Capital Asia gung ho about exits despite gloomy outlook for PE firms

Danny Koh, Founder and CEO, Tower Capital Asia

Singapore-based mid-market investor Tower Capital Asia sounded a bullish note on exits at a time when Southeast Asia’s private equity market faces the toughest exit conditions in six years. According to a Bain & Company report released on Wednesday, exit deal value in the region dived as much as 60% in 2023, while deal count fell 70%.

Edited by: Joymitra Rai