Asia-Pacific venture capital set for softer returns, but could outshine other regions
Add BT as a preferred source
VENTURE capital (VC) players in Asia-Pacific are poised to see softer returns in the near-to-mid term, in contrast with the tech boom from 2018 to 2021, according to a new forecast by private market intelligence provider Preqin.
However, the region is still a bright spot globally, given its favourable demographics and growth expectations, the firm said in a report released on Wednesday (Oct 5).
Preqin forecasts that Asia-Pacific VC funds will post annualised returns of 16 per cent from 2021 to 2027. This is lower than the 23.8 per cent annualised returns from 2018 to 2021, and relatively flat from the 15.9 per cent performance from 2015 to 2021.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Back to Earth for SpaceX? Why the US$2 trillion titan shed US$600 billion in 3 days
