Venture capital fundraising in Asean is on course to match 2018 record

Singapore

ASEAN-focused venture capital (VC) fund-raising is on course to match the record figures reached last year, even as buyout deal values are falling amid a challenging macroeconomic environment, said Preqin, a data source on alternative assets.

Six funds have closed in the first half of this year, raising a total of US$0.5 billion, close to the amount raised in the first half of last year.

By year's end last year…